Feed / CDE

Coeur Mining, Inc.

CDE

Basic Materials · 20.33 -3.2% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Coeur Mining, Inc.'s current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

What changed
  • Revenue increased 125.9% versus the comparable filing period.
  • Operating margin fell 9.2 percentage points.
Company-3.2% todayVolume comparison unavailable
Market group0 of 11 activePrecious Metals Mining · unavailable
Disclosed network0 of 6 confirmingNo filing-linked name is confirming now
What would change this read
  • Rainy River and New Afton added sales, while post-acquisition capital spending increased. Future filings can show whether the spending level changes.
  • Lower realized gold and silver prices reduced the sequential revenue increase, despite acquisition-related volume adding sales.

Invalidation: The isolated read changes if CDE's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Basic Materials · Gold

The latest filing evidence is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 125.9% versus the comparable filing period.
  • Net income increased 72.3% versus the comparable filing period.
Evidence that challenges
  • Operating margin fell 9.2 percentage points.
  • Net margin fell 3.5 percentage points.
  • Operating cash flow was 4.21x net income; review non-cash and one-time items before treating this as recurring conversion.
What would clarify the read
  • Rainy River and New Afton added sales, while post-acquisition capital spending increased. Future filings can show whether the spending level changes.
  • Lower realized gold and silver prices reduced the sequential revenue increase, despite acquisition-related volume adding sales.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements353
Verified relationships0
Evidence supporting the case
  • Latest annual revenue changed +96.4% year over year.
  • Operating margin changed +18.6 percentage points in the latest annual period.
  • Net margin changed +22.7 percentage points in the latest annual period.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Foreign exchange has repeated adverse evidence across 5 filings.
Questions before a position
  • EV/sales is 38% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

20.33
6m-9.1%12m+41.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$832.8M+6.0%$-0.13+3.1%
2022-12-31$785.6M-5.7%$-0.28+10.1%
2023-12-31$821.2M+4.5%$-0.30+24.7%
2024-12-31$1.1B+28.3%$0.15+15.8%
2025-12-31$2.1B+96.4%$0.95

What management says matters

Persistent and emerging business drivers

Capital investment and capacitymixed · 5 filings
Cash used in investing activities increased due to higher post-acquisition capital expenditures at Rainy River and New Afton, partially offset by higher cash acquired in the New Gold Transaction compared to the SilverCrest Transaction.
10-Q · Aug 5, 2026
Credit and interest ratesnegative · 5 filings
Interest expense (net of capitalized interest) decreased to $17 million from $19 million due to lower interest paid under the RCF driven by lower average debt levels and lower interest paid under finance leases, partially offset by higher interest paid under…
10-Q · Aug 5, 2026
Foreign exchangemixed · 5 filings
Costs applicable to sales per gold and silver ounce remained comparable and increased 76%, respectively, due to the mix of gold and silver sales, which impacted co-product cost allocation, higher labor and consumable costs, lower production, and favorable imp…
10-Q · Aug 5, 2026
Legal and regulatory exposuremixed · 3 filings
Pre-development, reclamation, and other expenses decreased $3.4 million, or 6%, stemming from lower losses on the sale of assets and lower ongoing carrying costs at Silvertip, partially offset by the Kensington royalty litigation settlement of $7.2 million an…
10-K · Feb 18, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 6.0× · EV/sales 5.8×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

20.33-3.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CDE. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment

Fundamentals strengthened in the latest filing

10-Q filed 2026-08-05 against the comparable filing from 2025-08-06.

constructive
OperationsconstructiveEvidence score +2
liquidityneutralEvidence score 0
valuationdiscount

Capital and cash conversion

Cash conversion improved

supportive

Capital-spending intensity declined while free-cash-flow margin improved.

Capital spending YoY
+106.7%
Capital spending / revenue
+11.6%
Free-cash-flow margin
+35.7%
FCF margin change
+5.3 pts

Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.

What improved

  • Revenue increased 125.9% versus the comparable filing period.
  • Net income increased 72.3% versus the comparable filing period.

What weakened

  • Operating margin fell 9.2 percentage points.
  • Net margin fell 3.5 percentage points.
  • Operating cash flow was 4.21x net income; review non-cash and one-time items before treating this as recurring conversion.

Filing receipts

31 The following table summarizes consolidated metal sales: Three Months Ended Increase (Decrease) Percentage Change In thousands June 30, 2026 March 31, 2026 Gold sales $ 694,992 $ 475,222 $ 219,770 46 % Silver sales 321,629 362,198 (40,569) (11) % Copper sales 68,971 18,772 50,199 267 % Metal sales $ 1,085,592 $ 856,192 $ 229,400 27 % Costs Applicable to Sales Costs applicable to sales increased $220 million, or 67%, primarily driven by full-quarter sales at Rainy River and New Afton as well as the impact of the PPA ascribed to Inventory of $140 million compared to $85 million in the first quarter of 2026.

The following table summarizes consolidated metal sales: Six Months Ended June 30, Increase (Decrease) Percentage Change In thousands 2026 2025 Gold sales $ 1,170,214 $ 558,441 $ 611,773 110 % Silver sales 683,827 282,271 401,556 142 % Copper sales 87,743 — 87,743 100 % Metal sales $ 1,941,784 $ 840,712 $ 1,101,072 131 % Costs Applicable to Sales Costs applicable to sales increased $446 million, or 103%, primarily due to the post-acquisition sales at Rainy River and New Afton, full-year sales at Las Chispas and higher operating costs at Palmarejo, Rochester and Kensington, partially offset by lower gold ounces sold Wharf.

Revenue increased by $229 million, or 27%, as a result of full-quarter sales from Rainy River and New Afton, a 2% increase in gold ounces sold from Coeur’s legacy mines, and a 10% increase in average realized copper price, partially offset by a 1% decrease in silver sales from Coeur’s legacy mines and 6% and 14% decreases in average realized gold and silver prices, respectively.

Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.

Business ecosystem

The relationships behind CDE

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CDE is currently a Follower in the organic co-movement group Precious Metals Mining. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.