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Coeur Mining, Inc. (CDE)

  • Aug. 8, 2013, 8:43 AM
    • Coeur d'Alene Mines (CDE): FQ4 EPS of -$0.35 misses by $0.30.
    • Revenue of $204.52M misses by $6.77M. (PR)
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  • Aug. 8, 2013, 12:05 AM
  • Aug. 7, 2013, 5:30 PM
  • Jul. 22, 2013, 10:14 AM
    Metal miners is the strongest sector in early trading as gold futures climb as high as $1,325/oz.: GDX +4.9%, GDXJ +5.8%, NUGT +15.1%. Newmont Mining (NEM +4.6%) tops all S&P 500 gainers; also RGLD +6%, ABX +5.3%, GG +4.6%, KGC +4.6%, BVN +4.2%, GFI +3.8%. Silver miners (SIL +4.4%): CDE +7%, SLW +5.6%, HL +3.2%.
  • Jul. 16, 2013, 3:18 PM
    Gold (GLD +0.4%) gains again, sending the price to a 3-week high of $1,290/ounce and the miners (GDX +4.2%), (PSAU +3.3%) are responding. "Never let a serious crisis go to waste," says the JPMorgan team, paraphrasing Rahm Emanuel. The bear market is forcing managements to not only cut costs, but to consider restructuring from "a shape that was optimized for the 12 year bull market in gold to one that is more suited to a future with less available liquidity." Barrick (ABX +5.2%), Goldcorp (GG +3.9%), Gold Fields (GFI +4.4%), NovaGold (NG +3.2%). Don't forget the silver miners (SIL +3.1%): Hecla (HL +4.5%), Silver Wheaton (SLW +3.9%), Coeur (CDE +5.8%).
  • Jul. 16, 2013, 8:45 AM
    Coeur Mining (CDE) reports 4.6M ounces of silver and 60.7K ounces of gold mined in Q2, up 21% and 7% respectively vs. Q1. Production at the Palmarejo mine was up 24% for sliver and 23% for gold over Q1. The company reaffirms FY2013 production guidance of 18-19.5M ounces of silver and 250-265K ounces of gold. In light of lower pricing, company has cut staff by 40, deferred several projects, and undertaken a review of all G&A costs. (PR)
  • Jul. 12, 2013, 9:48 AM
    It's hard to find many defenders of gold these days, but Sterne Agee's Michael Dudas thinks gold prices are discounting a smooth Fed taper, which he views as unlikely, and like the underlying metals, precious metals stocks are finding a base valuation. Buy-rated Newmont Mining (NEM) remains the firm's top pick among large-cap gold stocks; Coeur d'Alene (CDE) is its small cap favorite.
  • Jul. 8, 2013, 9:41 AM
    Coeur d'Alene Mines (CDE -1.7%) says a preliminary assessment of its La Preciosa project in Mexico indicates a 17-year initial mine life, with average annual silver production of 9.1M oz. in the first 14 years. At forecast production rates, La Preciosa would be one of the top 10 primary silver mines in the world. Meanwhile, shares are downgraded to Sector Underperform with a $6 price target at Scotia Capital.
  • Jul. 1, 2013, 4:58 PM
    Deutsche Bank analysts say large-cap miners view credit markets as still open for multibillion dollar fundings, and they sense a disconnect between equity performance and business fundamentals. Given the massive selloff in commodity names, the firm offers four contrarian buying opportunities in the sector: FCX, TC, VALE, CDE.
  • Jul. 1, 2013, 3:06 PM
    Coeur d'Alene (CDE -3.4%) shares have been slashed by BMO's downgrade, but the firm also cut four other miners to Underperform, including Barrick Gold (ABX -2.3%), whose deferral of the Pascua-Lama project is "a step in the right direction" toward reducing company-wide costs. Also lowered are three silver producers (I, II, III): Pan American (PAAS +2.1%), Endeavour (EXK -1.1%) and Fortuna (FSM -3%).
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  • Jul. 1, 2013, 12:11 PM
    Coeur d'Alene Mines (CDE -4.7%) is downgraded to Underperform with a $10 price target (from $16.50) at BMO Capital, which cites relatively high costs at its key La Preciosa project and the expected continuation of the downward trend in silver and gold prices in conjunction with CDE's high all-in-costs.
  • Jun. 28, 2013, 5:23 PM
    After recently saying the price is headed to $1K if $1.2K support is broken, Dennis Gartman says it's no longer time to be short gold. He thinks the yellow metal has probably "seen its worst" in the recent selloff in which the precious metal fell to its lowest level since 2010 to under $1.2K an ounce. "I'm not sure that I want to step up and buy," he adds, "but the time to be short of it is passed... it's time to go to the sidelines." (Video)
  • Jun. 28, 2013, 4:18 PM
    Gold (GLD, IAU) and silver SLV, PSLV) stocks finish with huge gains, as bargain hunters swoop in to buy beaten-down miner shares. KGC +9.9%. ABX +5.9%. GG +8.5%. NG +9.3%. CDE +9.6%. SLW +7.5%. PAAS +7.1%. NEM +8.1%. SA +12.9%. SBGL +6.9%.  (earlier)
  • Jun. 11, 2013, 2:43 PM
    Coeur d'Alene Mines (CDE -1.5%) reaffirms its 2013 production guidance of 18M-19.5M oz. of silver and 250K-265K oz. of gold; cash operating costs per silver oz. are expected at $9.50-$10.50, using a gold by-product price assumption of $1,500 for the last nine months of 2013. Kensington’s cash operating costs per gold oz. are seen at $900-$950.
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  • May. 9, 2013, 3:49 PM
    Coeur d'Alene's (CDE -5.3%) Q1 net income tripled but fell short of estimates, sending shares lower. Average realized prices fell 7% per silver oz. and 4% per gold oz. Silver output slid 22% to 3.8M oz. due to lower-grade ore mined at Palmarejo in Mexico, CDE's biggest mine by production. Expects operating costs per silver oz. to increase to $9.50-$10.50 this year from $8.00-$9.00 it had forecast earlier.
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  • May. 9, 2013, 8:57 AM
    Coeur d’Alene Mines (CDE): Q1 EPS of $0.08 misses by $0.14. Revenue of $171.8M misses by $39.57M. (PR)
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Company Description
Coeur Mining Inc is a silver producer with gold production and mines located in the United States, Mexico and Bolivia; a silver streaming interest in Australia; and exploration projects in Mexico and Argentina.
Industry: Silver
Country: United States