Coeur Mining(NYSE) CDE

Coeur Mining, Inc. finds and digs for precious metals. They operate mines across the United States, Canada, and Mexico. The company sells gold and silver to industrial customers.

Precious Metals and Profits

• Gold: Precious metal produced at several North American operations; accounts for 64% of sales revenue in the second quarter of 2026.
• Silver: Secondary metal extracted alongside gold deposits; represents 30% of sales revenue in the second quarter of 2026.
• Copper: Base metal used in wiring and electronics produced in Canada; makes up 6% of sales revenue in the second quarter of 2026.

Growing Through Recent Deals

• Acquired the New Afton and Rainy River mines through the New Gold transaction on March 20, 2026.
• Completed the SilverCrest transaction on Feb. 14, 2025, to add the Las Chispas mine in Mexico.
• Announced an expanded $750 million share repurchase program on March 23, 2026.
• Initiated an inaugural semi-annual dividend of $0.02 per share in May 2026.

Focusing on Familiar Ground

Coeur Mining operates seven mines exclusively within the United States, Canada, and Mexico. This geographic focus allows the company to build deep technical expertise in stable North American jurisdictions while minimizing exposure to more volatile mining regions.

Record Numbers in 2026

• Revenue reached a record $1.1 billion in the second quarter of 2026, up 126% year over year.
• Adjusted EBITDA hit $478 million in the second quarter of 2026, an increase of 124% year over year.
• Free cash flow rose to $388 million in the second quarter of 2026, up 165% year over year.
• Gold production reached a record 163,490 ounces in the second quarter of 2026, up 51% year over year.
• Cash and cash equivalents totaled $1.1 billion as of June 30, 2026, which was a tenfold increase from the prior-year quarter-end.

Bottom Line

Coeur Mining has transformed into a larger precious metals producer through significant acquisitions in Canada and Mexico. This expansion has successfully diversified its revenue streams beyond its legacy operations in the United States.