Seeking Alpha

Coeur Mining, Inc. (CDE)

  • Sep. 23, 2013, 12:39 PM
    • Coeur Mining (CDE -0.6%) narrows its FY 2013 projected consolidated silver and gold production within the original guidance range; a mine-by-mine outlook of key operational metrics, including expected production through 2016, indicates modest Y/Y growth in both silver and gold oz.
    • CDE also reports large increases in proven and probable reserves at its Rochester mine in Nevada, totaling ~86M silver oz. and 605K gold oz.
    | Comment!
  • Aug. 27, 2013, 5:15 PM
  • Aug. 16, 2013, 3:31 PM
    • A new report from Sterne Agee says the letup in selling of gold and silver should be good for shares in precious metals miners, providing the latest example of the recent shift in analyst sentiment.
    • J.P. Morgan, meanwhile, expects gold stocks to rally through the Denver Gold Forum from Sept. 22-25, which given other positives for the metal could spark stronger prices in the run-up to the show.
    • Sterne Agee recommends Newmont Mining (NEM), Coeur d'Alene (CDE) and Gold Resource (GORO); J.P. Morgan prefers NEM, Goldcorp (GG), Eldorado (EGO) and NewGold (NGD).
  • 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)
    | Comment!
  • 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%).
    | 1 Comment
  • 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)
Visit Seeking Alpha's
CDE vs. ETF Alternatives
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