CDE
Coeur Mining, Inc.16.89
-0.02-0.12%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Rochester ramp fixes detailed
Q&A zeroed in on Rochester's ramp, detailing July fixes to primary/secondary crushers and autosampler for better uptime, plus a November conveyor belt repair to clear the path to 30 million-ton annual crushing and 70,000 oz gold/7-8M oz silver run rates in 2026—normal startup tweaks, per management. They affirmed confidence in original Q3/Q4 guidance paces next year despite downtime. M&A appetite stays picky for producing gold/silver fits in familiar spots, prioritizing cash flow over development, with Silvertip eyed for chunky silver growth post-PFS. Tax color: ~24% US effective rate ahead, potential 2026 payments. Grades dipped at Palmarejo/Las Chispas from stockpiles—positive cleanup. Answers added nuts-and-bolts color. Rochester's ramp remains the watch.
Key Stats
Market Cap
10.85BP/E (TTM)
23.79Basic EPS (TTM)
0.71Dividend Yield
0%Recent Filings
8-K
Coeur to acquire New Gold stock-for-stock
Coeur Mining signed an Arrangement Agreement on November 2, 2025, to acquire New Gold in a stock-for-stock deal, swapping 0.4959 Coeur shares per New Gold share. Closing hinges on 66⅔% shareholder votes, court approval, and regulatory nods from Canada and Mexico, eyed for H1 2026. Break fees hit $414M for Coeur, $255M for New Gold. Two New Gold directors join Coeur's board post-close.
10-Q
Q3 FY2025 results
Coeur Mining crushed Q3 with revenue jumping 77% y/y to $554.6M on 114.5koz gold and 5.0Moz silver sold, while operating income soared 110% to $177.1M (derived). The SilverCrest deal closed Feb 2025 via 239M shares (~$1.58B value), adding $632.4M goodwill to Las Chispas and boosting Mexico revenue to 45% of total. Cash swelled to $266.3M on $237.7M operating cash flow, funding $49.0M capex and $5.3M buybacks; total debt fell 31% YTD to $363.5M with RCF fully available. Free cash flow hit $188.7M. Solid across mines, yet leach pad recovery estimates remain tricky.
8-K
Record Q3 output, cash doubles
Coeur Mining posted record Q3 2025 results: $555M revenue, 111k oz gold, 4.8M oz silver produced, $238M operating cash flow, cash doubling to $266M. Debt slashed over $228M YTD; net leverage hit 0.1x. Guidance refined: gold midpoint up 1% to 415k oz, silver down 2% to 18.1M oz, costs lowered at three sites. Cash builds fast.
8-K
Record Q2 results, debt cleared
Coeur Mining posted record Q2 2025 results on August 6: $481M revenue, $207M operating cash flow, $146M free cash flow, and $71M net income, fueled by 27% higher silver output at 4.7Moz and 25% gold rise to 108koz across five mines. Fully repaid $110M revolver, netting 0.4x leverage with $112M cash; kicked off $75M buyback by repurchasing 216k shares. Guidance reaffirmed for 380-440koz gold, 16.7-20.3Moz silver. Debt's gone.
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AUGO
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GSVRF
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HAMRF
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HL
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USAS
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USGDF
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