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CDE

Coeur Mining, Inc.

CDE

Coeur Mining, Inc. • NYSE
$17.27 ▲ 6.67% (+1.08)
Market Cap $11.09 B
52w High $23.62
52w Low $4.58
Dividend Yield 0%
P/E 24.32
Volume 17.18M
Outstanding Shares 642.20M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $554.567M ▲ $128.744M ▲ $266.824M ▲ 48.114% ▲ $0.42 ▲ $249.146M ▲
Q2-2025 $480.65M ▲ $100.75M ▲ $70.726M ▲ 14.715% ▲ $0.11 ▲ $209.252M ▲
Q1-2025 $360.062M ▲ $76.687M ▲ $33.353M ▼ 9.263% ▼ $0.065 ▼ $109.981M ▼
Q4-2024 $305.444M ▼ $-14.473M ▼ $37.852M ▼ 12.392% ▼ $0.095 ▼ $126.982M ▲
Q3-2024 $313.476M $30.533M $48.739M 15.548% $0.12 $121.851M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $266.342M ▲ $4.512B ▲ $1.418B ▲ $3.094B ▲
Q2-2025 $111.646M ▲ $4.151B ▲ $1.323B ▲ $2.828B ▲
Q1-2025 $77.574M ▲ $4.067B ▲ $1.318B ▲ $2.749B ▲
Q4-2024 $55.087M ▼ $2.302B ▲ $1.178B ▲ $1.123B ▲
Q3-2024 $76.916M $2.228B $1.145B $1.083B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $266.824M ▲ $237.706M ▲ $-59.19M ▲ $-23.888M ▲ $154.706M ▲ $188.672M ▲
Q2-2025 $70.726M ▲ $206.951M ▲ $-60.573M ▼ $-112.772M ▼ $34.102M ▲ $146.144M ▲
Q1-2025 $33.353M ▼ $67.635M ▲ $53.304M ▲ $-98.153M ▼ $22.494M ▲ $17.633M ▲
Q4-2024 $37.852M ▼ $63.793M ▼ $-47.785M ▲ $-37.287M ▲ $-21.81M ▼ $16.073M ▼
Q3-2024 $48.739M $111.063M $-52.049M $-55.958M $2.793M $69.083M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Gold
Gold
 $360.00M ▲$240.00M ▼$320.00M ▲$360.00M ▲
Product Silver
Product Silver
 $170.00M ▲$120.00M ▼$160.00M ▲$190.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Coeur’s income statement shows a company coming out of a rough patch and moving back into the black. Revenue has grown steadily over the five‑year period, with a particularly strong step up in the most recent year. Profitability has been inconsistent: the company moved from small profits to several years of losses, but most recently has returned to modest net income. That suggests its new and expanded operations are finally starting to contribute. Margins are still thin but clearly improving, with operating performance much stronger in the latest year than in the prior few. Overall, earnings remain sensitive to both metal prices and operating execution, but the direction of travel has recently been positive rather than negative.

Balance Sheet

Balance Sheet The balance sheet shows a growing asset base funded by a mix of rising debt and steadily building equity. Total assets have expanded meaningfully as Coeur has invested in new and existing mines. Equity has also grown, indicating that retained earnings and past capital raises have helped support that expansion. At the same time, debt has climbed notably compared with a few years ago, so leverage is higher than it used to be, though not extreme relative to the equity base. Cash on hand is small compared with the size of the business and the debt load, which makes ongoing operating cash flow and access to financing important. In short, the company now carries a more investment‑heavy, moderately leveraged balance sheet that should benefit from successful project ramp‑ups but would be more exposed in a downturn in metal prices or operations.

Cash Flow

Cash Flow Cash flow tells the story of a company in an investment phase that is edging closer to a harvest phase. Operating cash flow has been consistently positive but volatile, rising and falling with both metal prices and mine performance. Free cash flow, however, has been negative in most recent years because Coeur has been spending heavily on capital projects. The latest year shows free cash flow close to breakeven, helped by stronger operations and slightly lower capital intensity than the peak spending years. This pattern suggests that the big spending cycle may be peaking out, and the key question going forward is whether the new and expanded assets can convert into sustained, strong free cash generation. Until that is clearly established, cash flow remains a central area of both opportunity and risk.

Competitive Edge

Competitive Edge Coeur is a mid‑sized precious metals producer with a deliberately narrow geographic footprint and a diversified metal mix. Its focus on the United States, Canada, and Mexico reduces political and regulatory risk compared with miners operating heavily in less stable regions. The combination of gold and silver production offers some natural diversification against price swings in either metal alone. Recent expansions and acquisitions, such as larger-scale operations in Nevada and Mexico, are intended to lift scale and lower average costs, strengthening its position among intermediate producers. On the other hand, Coeur is still a price‑taker in a highly cyclical, commodity‑driven industry and faces competition from both larger diversified miners and lower‑cost specialists. Its moat rests less on unique ore bodies and more on execution: cost control, operational reliability, and maintaining its ESG and jurisdictional advantages.

Innovation and R&D

Innovation and R&D Coeur’s innovation strategy is practical rather than flashy, centered on adopting proven technologies to improve efficiency, safety, and sustainability rather than on traditional lab‑style R&D. The company has been rolling out automation and digital tools in its mines, using systems that allow equipment to operate remotely and during periods when people cannot safely be underground. It also leans heavily on data analytics platforms for monitoring equipment, planning maintenance, and tracking worker safety and environmental metrics. This creates a more data‑driven culture and can gradually lower costs and downtime. On the ESG front, Coeur is integrating technology to reduce emissions and improve environmental performance, and it has received recognition for safety and sustainability efforts. Looking ahead, management appears focused on deepening digitalization, exploring AI‑based optimization, and continuing exploration around existing assets, which, if successful, could extend mine lives and enhance returns on past capital spending.

Summary

Putting it all together, Coeur looks like a miner that has just come through a heavy investment and weaker‑earnings period and is now starting to see the financial benefits. Revenue and operating profits have improved meaningfully in the latest year, showing early payback from new and expanded projects. The balance sheet has grown but taken on more debt, and cash reserves are thin, so ongoing operational strength and disciplined capital allocation are important to keep leverage in check. Cash flow has been weighed down by large capital programs, but those outlays appear to be moderating, edging the business closer to the point where it can consistently generate free cash. Competitively, Coeur’s North American focus, mix of gold and silver, and visible commitment to safety and ESG give it a clearer identity than many peers. Its real test over the next few years is execution: ramping up recent investments, controlling costs, and converting its innovation and ESG positioning into durable, stronger cash generation through commodity cycles. Those are the key themes for anyone tracking the company’s progress over time.

NEWS

November 24, 2025 · 4:30 PM UTC

Coeur to Participate in Upcoming Conferences

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November 7, 2025 · 7:00 AM UTC

Coeur to Participate in RBC Capital Markets London Precious Metals Conference

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November 4, 2025 · 6:00 PM UTC

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Coeur Mining, Inc. (NYSE: CDE)

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November 3, 2025 · 11:10 AM UTC

CDE Stock Alert: Halper Sadeh LLC is Investigating Whether the Merger of Coeur Mining, Inc. is Fair to Shareholders

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