Coeur Mining (CDE) AI Stock Analysis

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Coeur Mining

(NYSE:CDE)

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Rating:73Outperform

Price Target:$16.50▲(9.78% Upside)

Action:reiterated

Date:11/05/26

Score is driven primarily by improved financial performance (strong profitability and cash generation) and supportive earnings-call guidance (high expected EBITDA/FCF and strengthening operations). The main offset is weak technical positioning (price below key moving averages and negative MACD), while valuation is moderately supportive based on the provided P/E and dividend yield.

Positive Factors

Profitability and Cash GenerationThe sharp improvement in profitability and cash generation gives Coeur greater capacity to fund mine development, sustain operations and return capital. Strong free cash flow relative to earnings also provides financial support for the expanded portfolio over the next several quarters.

Negative Factors

Commodity-Cycle Earnings VolatilityCoeur's earnings and cash generation remain exposed to precious-metals prices and operating conditions, as shown by the sharp historical swing from losses to strong profits. This cyclicality makes current margins less certain and can reduce funding capacity when prices or mine performance weaken.

Coeur Mining (CDE) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $15.55B
Dividend Yield: 0.13%
Average Volume (3M): 35.95M
Price to Earnings (P/E): 15.8
Beta (1Y): 1.66
Revenue Growth: 111.73%
EPS Growth: 33.15%
Country: US
Employees: 2,620
Sector: Basic Materials
Sector Strength: 61
Industry: Gold

Coeur Mining Business Overview & Revenue Model

Company Description

Coeur Mining, Inc. is a company primarily focused on the exploration and development of precious metal deposits across North America, with operations spanning the United States, Canada, and Mexico. The company's key activities involve discovering and...

How the Company Makes Money

Coeur Mining makes money primarily by producing and selling precious metals—mainly gold and silver—generated from its operated mines. Revenue is recognized from metal sales based on quantities delivered and prevailing market prices (typically referen...

Coeur Mining Earnings Call Summary

Earnings Call Date:Nov 04, 2026(Q3-2026)|% Change Since:3.09%|Next Earnings Date:Feb 24, 2027

Earnings Call SentimentPositive

The call was predominantly positive. Management highlighted sharp year-over-year growth, record or improving performance at several operations, strong liquidity, significant shareholder returns and a favorable fourth-quarter and 2027 outlook. These positives were tempered by operational disruptions from weather and the New Afton conveyor failure, slower Rochester silver recovery, lower realized precious-metals prices, inflationary pressures and production expected near the low end of guidance.

Positive Updates

Strong Year-Over-Year Financial Growth

Gold production increased 45% year-over-year, revenue rose 77%, adjusted EBITDA increased nearly 70%, and free cash flow was 27% higher. Adjusted EBITDA totaled $448 million with an adjusted EBITDA margin of approximately 46%, which was 2% higher than Q2.

Negative Updates

Quarter Was Lighter Than Expected

The quarter was lighter than expected because of lower metals prices and several operational challenges, which were only partially offset by strong performance at some other operations. Management expects fourth-quarter gold production to increase 29% and silver production to increase 36% quarter-over-quarter to reach the maintained full-year guidance ranges.

Company Guidance

Coeur expects to end the year around the low end of its production guidance ranges for gold, silver and copper, with full year adjusted EBITDA exceeding $2 billion and free cash flow topping $1.3 billion, assuming current prices; adjusted cost applicable to sales is expected to be near the upper end of guidance, while cash taxes, capital expenditures, amortization, exploration and G&A are all trending toward the low end of their respective guidance ranges. Fourth-quarter gold and silver production would increase 29% and 36% quarter-over-quarter, respectively, with New Afton sustaining the 16,000 tonne per day target, Rainy River targeting 5,000 tonnes per day by year-end, Kensington reaching up into the 30,000 ounce range territory, and Wharf expected to deliver its strongest quarter of the year; the company anticipates another record year in 2027.

Coeur Mining Financial Statement Overview

Summary

Strong turnaround with solid revenue growth and robust TTM profitability (net margin ~22.9%, EBITDA margin ~42.1%) alongside strong recent operating and free cash flow. Offsetting factors are commodity-driven earnings/cash-flow volatility and some balance-sheet datapoint inconsistencies in the latest TTM leverage figures.

Income Statement

84Very Positive

Balance Sheet

73Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.60B	2.07B	1.05B	821.21M	785.64M	832.83M
Gross Profit	1.81B	813.47M	415.41M	133.67M	138.46M	283.34M
EBITDA	1.79B	964.58M	308.83M	60.47M	69.24M	201.71M
Net Income	692.97M	585.87M	58.90M	-103.61M	-78.11M	-31.32M
Balance Sheet
Total Assets	15.23B	4.70B	2.30B	2.08B	1.85B	1.73B
Cash, Cash Equivalents and Short-Term Investments	1.17B	553.60M	55.09M	61.63M	93.50M	56.66M
Total Debt	709.32M	365.43M	601.66M	555.28M	527.49M	498.80M
Total Liabilities	4.81B	1.38B	1.18B	1.06B	957.13M	934.16M
Stockholders Equity	10.42B	3.31B	1.12B	1.02B	889.02M	800.26M
Cash Flow
Free Cash Flow	1.21B	665.72M	-8.95M	-297.33M	-326.74M	-199.30M
Operating Cash Flow	1.61B	886.88M	174.23M	67.29M	25.62M	110.48M
Investing Cash Flow	-282.80M	-127.84M	-193.51M	-303.70M	-146.16M	-304.08M
Financing Cash Flow	-420.81M	-260.63M	13.89M	236.05M	125.03M	158.14M

Coeur Mining Technical Analysis

Technical Analysis SentimentNegative

Last Price15.03

Price Trends

50DMA17.11Negative

100DMA17.18Negative

200DMA18.53Negative

Market Momentum

MACD-0.45Negative

RSI47.48Neutral

STOCH70.76Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CDE, the sentiment is Negative. The current price of 15.03 is above the 20-day moving average (MA) of 14.57, below the 50-day MA of 17.11, and below the 200-day MA of 18.53, indicating a neutral trend. The MACD of -0.45 indicates Negative momentum. The RSI at 47.48 is Neutral, neither overbought nor oversold. The STOCH value of 70.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CDE.

Coeur Mining Risk Analysis

Coeur Mining disclosed 42 risk factors in its most recent earnings report. Coeur Mining reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

3 New Risks

1.New Gold's public filings are subject to Canadian disclosure standards, which differ from SEC disclosure requirements.Q4, 2025

2.The pendency of the New Gold Transaction may cause disruptions in our business, which could have an adverse effect on our business, financial condition or results of operations.Q4, 2025

3.The New Gold Transaction is subject to a number of conditions which may not be satisfied or waived, may delay its consummation and could result in additional expenditures of money and resources or reduce the anticipated benefits, or result in termination of the Arrangement Agreement and Coeur having to pay a termination fee.Q4, 2025

Coeur Mining Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

CDE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMY	84Outperform	$10.37B	5.71	46.23%	4.81%	49.72%	120.32%
NEM	80Outperform	$124.66B	13.71	26.45%	0.87%	23.41%	33.87%
AU	77Outperform	$47.39B	11.90	44.90%	4.91%	―	―
GFI	77Outperform	$34.09B	7.43	51.87%	6.28%	71.19%	133.85%
CDE	73Outperform	$15.62B	15.82	8.02%	0.13%	111.73%	33.15%
SSRM	65Neutral	$5.63B	20.05	8.20%	0.11%	39.40%	13.83%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

* Basic Materials Sector Average

Performance Comparison

CDE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
CDE	Coeur Mining	15.03	-0.06	-0.42%
GFI	Gold Fields	37.56	-2.13	-5.36%
HMY	Harmony Gold Mining Co. Ltd	16.08	-1.10	-6.40%
NEM	Newmont Mining	118.47	29.58	33.28%
SSRM	Ssr Mining	28.07	6.90	32.59%
AU	Anglogold Ashanti PLC	92.00	14.88	19.29%

Coeur Mining Corporate Events

Business Operations and Strategy

Coeur Mining Updates Corporate Presentation and Strategy Overview

Neutral

Sep 28, 2026

On September 28, 2026, Coeur Mining announced that it had posted an updated corporate presentation on its website, offering refreshed information about the company’s operations and strategic direction. The new materials provide stakeholders with an u...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 05, 2026

Coeur Mining AI Stock Analysis