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Company

Coeur Mining, Inc.

Ticker
CDE
Sector
Industry
Report date
November 5, 2026
Valye AI Score

79

High visibility
Recent developments
Recent developments summary

Recent developments include Coeur Mining's Q3 earnings report showing profit decline but meeting estimates, operational ramp-up in Canadian mines, and analyst recognition as a top metals pick.

Recent developments:
  • Coeur Mining reported Q3 earnings that met estimates, with a noted decline in profit compared to prior periods [N1][N2].
  • The company is progressing with operational ramp-up in Canadian mines following recent acquisitions, contributing to second-half growth [N8].
  • Analysts have ranked Coeur Mining as a top metals pick, reflecting positive market sentiment and recognition of its asset base [N7].
  • The acquisition agreement for New Gold Inc. is pending regulatory approvals and anticipated to close in the first half of 2026 [S1].
Overview

Coeur Mining, Inc., founded in 1928, produces precious metals primarily gold and silver, through a portfolio of operating mines and exploration projects in North America. Its key assets include underground and open pit mines in Mexico, the United States, and Canada. The company pursues growth through acquisitions and expansions, including the pending acquisition of New Gold Inc. in Canada. Coeur emphasizes responsible mining practices, environmental stewardship, and community impact as part of its operational strategy.

Executive summary

Coeur Mining, Inc. is a diversified precious metals producer operating multiple mines across the US, Mexico, and Canada, with a strategic focus on sustainable cash flow and responsible practices. The company reported net income of $109.4 million and strong liquidity as of September 30, 2026, according to its latest 10-Q filing. Recent news highlights include Q3 earnings meeting estimates despite a profit decline and operational growth in Canadian assets. Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice.

Scenarios for CDE

Bull case model:

Coeur Mining benefits from a diversified portfolio of precious metals assets with operational mines and exploration projects across North America. The recent acquisition agreement for New Gold Inc. expands its Canadian presence and resource base. Strong liquidity and a focus on sustainable cash flow support operational flexibility. Analyst recognition as a top metals pick and operational ramp-up in Canadian mines indicate positive execution milestones.

Bear case model:

The company's financial results are sensitive to fluctuations in gold and silver prices, which can impact profitability. Profit declines noted in recent quarters highlight operational and market challenges. The pending acquisition of New Gold Inc. is subject to regulatory approvals and closing conditions, introducing execution risk. Market and geopolitical factors affecting mining jurisdictions could pose operational and regulatory risks.

Moat:

Coeur Mining's moat derives from its diversified asset base across multiple mining-friendly jurisdictions, including long-operating mines with expansions and recent acquisitions that enhance scale and resource quality. Its commitment to sustainable and responsible mining practices supports regulatory and community relations, which are critical in the mining industry. The company's liquidity position and hedging strategies provide financial resilience against commodity price volatility.

Risks overview
Risks summary
The primary risk for Coeur Mining is exposure to commodity price volatility, which directly affects financial results and cash flow.
Risks details:

• Commodity Price Volatility: Coeur Mining's financial performance is substantially dependent on fluctuating gold and silver prices, which can impact revenue and profitability.
• Acquisition Execution Risk: The pending acquisition of New Gold Inc. requires regulatory approvals and successful integration, which may face delays or challenges.
• Operational Risks: Mining operations are subject to risks including safety incidents, environmental regulations, and production disruptions that can affect output and costs.

FINAL FORECAST FOR CDE

Final take one line
Coeur Mining operates a diversified portfolio of precious metals assets with strong liquidity and ongoing growth initiatives amid commodity price sensitivity.
Final take 12 to 24 month view

Business trends: Diversification across North American mining assets with growth through acquisitions and operational expansions.
Execution milestones: Completion of New Gold Inc. acquisition and ramp-up of Canadian mines.
Key risks: Commodity price volatility, acquisition execution challenges, and operational risks inherent to mining.

Valye AI Visibility Research Score

High visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

79
LLM visibility overview
LLM Visibility known facts
  • Coeur Mining, Inc. is a precious metals producer with assets in the United States, Canada, and Mexico, publicly traded on the NYSE under ticker CDE [S1].
  • The company operates multiple mining segments: Las Chispas underground silver-gold mine in Sonora, Mexico (operations began 2022, acquired 2025); Palmarejo silver-gold complex in Chihuahua, Mexico (operating since 2009); Rochester open pit heap leach silver-gold mine in Nevada (operating since 1986, expanded 2024); Kensington underground gold mine in Alaska (operating since 2010); and Wharf open pit heap leach gold mine in South Dakota (operating since 1982) [S1].
  • Coeur also operates the Silvertip underground silver-zinc-lead exploration project in British Columbia, Canada, acquired in 2017 [S1].
  • In November 2025, Coeur entered a definitive agreement to acquire New Gold Inc., which includes the New Afton gold-copper mine and Rainy River gold-silver mine in Canada; the transaction is subject to regulatory approvals and anticipated to close in the first half of 2026 [S1].
  • The company’s strategy focuses on being a diversified, growing precious metals producer emphasizing sustainable cash flow, quality assets in mining-friendly jurisdictions, and responsible environmental and social practices [S1].
  • Financial snapshot as of September 30, 2026 (Q3 2026): cash and equivalents of $1.1727 billion; current assets of $1.9400 billion; current liabilities of $511.3 million; current ratio of 3.79; cash ratio of 2.29; net income of $109.4 million; basic and diluted EPS of $0.11 [S2].
  • Recent news highlights include Q3 earnings meeting estimates with a profit decline noted, operational ramp-up in Canadian mines, and analyst recognition as a top metals pick [N1][N2][N7][N8].
  • Market conditions and precious metals prices significantly impact financial results; the company uses derivative contracts for hedging gold and silver prices and foreign currency risks [S1].
  • Liquidity ratios derived from SEC filings indicate strong short-term financial health as of Q3 2026 [S2].
Sources
Sources - Context summary

Generated 2026-11-05

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-02-18 | 10-K
  • S2 | 2026-11-04 | 10-Q
Sources - News headlines
  • N1 | 2026-11-04 | www.nasdaq.com | Coeur Mining (CDE) Q3 Earnings Meet Estimates | https://www.nasdaq.com/articles/coeur-mining-cde-q3-earnings-meet-estimates
  • N2 | 2026-11-04 | www.nasdaq.com | Coeur Mining Inc. Profit Drops In Q3 | https://www.nasdaq.com/articles/coeur-mining-inc-profit-drops-q3
  • N3 | 2026-11-02 | www.nasdaq.com | Coeur Mining Set to Report Q3 Earnings: What's in Store for the Stock? | https://www.nasdaq.com/articles/coeur-mining-set-report-q3-earnings-whats-store-stock
  • N4 | 2026-10-28 | www.nasdaq.com | First Quantum Minerals (FQVLF) Q3 Earnings and Revenues Top Estimates | https://www.nasdaq.com/articles/first-quantum-minerals-fqvlf-q3-earnings-and-revenues-top-estimates
  • N5 | 2026-10-28 | www.nasdaq.com | Analysts Estimate Coeur Mining (CDE) to Report a Decline in Earnings: What to Look Out for | https://www.nasdaq.com/articles/analysts-estimate-coeur-mining-cde-report-decline-earnings-what-look-out
  • N6 | 2026-10-27 | www.nasdaq.com | Freeport-McMoRan (FCX) Q3 Earnings and Revenues Surpass Estimates | https://www.nasdaq.com/articles/freeport-mcmoran-fcx-q3-earnings-and-revenues-surpass-estimates
  • N7 | 2026-09-30 | www.nasdaq.com | Analyst Favorites: Coeur Mining Ranks As a Top Metals Pick | https://www.nasdaq.com/articles/analyst-favorites-coeur-mining-ranks-top-metals-pick
  • N8 | 2026-09-30 | www.nasdaq.com | Coeur Mining Sees Second-Half Surge as Canadian Mines Ramp Up | https://www.nasdaq.com/articles/coeur-mining-sees-second-half-surge-canadian-mines-ramp
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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