Seeking Alpha

Coeur d'Alene Mines misses by $0.23

  • Coeur d'Alene Mines (CDE): Q3 EPS of -$0.23 misses by $0.03.
  • Net metal sales of $200.8M (-2% Y/Y), mostly due to respective 8% and 6% declines in realized silver and gold prices.
  • Reaffirms FY 2013 production guidance of 18M-19.1M oz. of silver and 250K-258K oz. of gold; expects significantly higher production levels in Q4, particularly from the Rochester silver and gold mine in Nevada.
  • Shares -2.9% premarket. (PR)
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