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Coeur d'Alene Mines Corporation

5/20/2013, 9:00 PM ET

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Thursday, May 9, 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. Comment! [Commodities, Earnings, On the Move]
Thursday, May 9, 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) Comment! [Earnings, Breaking News]
Monday, April 15, 7:00 PM The list of 52-week lows reached today is littered with miners and resource names: ABX, ACI, AG, AKS, ANV, AU, AUQ, AUY, CDE, CLF, CVE, EGO, EXK, EXXI, FCX, FNV, FST, GFI, GG, GOLD, HL, HMY, IAG, IPI, KGC, MHR, MT, MTL, NEM, NFX, NG, NGD, NOG, PAAS, PWE, RGLD, RIC, SA, SAND, SGY, SSRI, SVM, TCK, TGB, TRQ, WLT, WTI, X. 5 Comments [Commodities, Energy]
Monday, April 15, 9:15 AM Premarket gainers: S +16%. SVA +13%. BCRX +10%. LIFE +8%. NFP +7%. MGT +7%. TMO +6%. THRX +5%. NVAX +5%.
Losers: AAU -15%. MTL -10%. AUQ -11%. HMY -9%. NGD -8%. CEF -8%. SLW -8%. SAND -9%. KGC -7%. AUY -7%. GOLD -7%. MUX -7%. DSCO -7%. IAG -6%. SVM -6%. GG -6%. PAAS -6%. EGO -6%. AU -5%. CDE -5%. Comment! [On the Move]
Thursday, April 11, 3:49 PM Deutsche Bank issues a host of upgrades and higher price targets for miners, chiding investors for heading for the hills instead of waiting for expected management-driven turnarounds, asset sales and restructurings. Hecla Mining (HL +2.2%) is raised to Hold from Sell with a $4.60 target (up from $4); targets also are lifted on ABX, CDE, KGC, TC, VALE, CLF, GG, NEM, TCK, SSRI. 5 Comments [Commodities, Quick Ideas, On the Move]
Thursday, April 4, 5:47 PM After-hours top gainers, as of 5:15 p.m.: WDFC +6%. MAKO +5%. CAJ +3%. SNTS +3%. OIBRC +2%.
After-hours top losers: NGD -7%. HMY -6%. CDE -6%. JNPR -5%. IAG -5%. Comment! [On the Move]
Tuesday, February 26, 5:17 PM Coeur d'Alene (CDE) CEO Mitch Krebs says the silver producer is looking for more acquisitions after the purchase of Orko SIlver, with an eye for smaller deals near existing assets. Capital markets have been largely shut down for junior miners, he says, which "means opportunities for a company like us." Comment! [Commodities, M&A]
Thursday, February 21, 3:11 PM Coeur d'Alene Mines (CDE +2.4%) paces metals stocks after reporting Q4 net income more than tripled as it reduced debt and precious metals prices rose. Metal sales fell 17% to $206M, but the average realized price per oz. of silver climbed 5% and gold rose 2%. Total debt dropped to $48M from $121.5M. Sees 2013 output of 18M-19.5M oz. of silver and 250K-265K oz. Comment! [Commodities, Earnings, On the Move]
Thursday, February 21, 8:50 AM Coeur d'Alene Mines (CDE): Q4 EPS of $0.29 beats by $0.09. Revenue of $205.9M misses by $25M. Shares +1.8% premarket. (PR) Comment! [Earnings, Breaking News, On the Move]
Wednesday, February 20, 9:14 AM With First Majestic (AG) out of the way, Coeur d'Alene (CDE) confirms a definitive agreement to acquire Orko Silver (OKOFF.PK) in a deal with a total value of ~C$350M. CDE -4.1%, AG +3.8% premarket. 3 Comments [Commodities, M&A, On the Move]
Tuesday, February 19, 4:29 PM First Majestic Silver (AG) says it will not match Coeur d'Alene's (CDE) C$384M offer to acquire Orko Silver (OKOFF.PK). CDE wins the battle for the La Preciosa deposit in Mexico, one of the world's largest undeveloped silver projects. AG -0.1%, CDE -0.4% AH. Comment! [Commodities, M&A]
Friday, February 15, 12:40 PM Coeur d'Alene Mines (CDE -2.4%) says it increased its total combined proven and probable reserves and measured and indicated resources of silver and gold by 17% and 12%, respectively, resulting in the addition of 85.2M silver oz. and 462K gold oz. at year-end 2012 vs. 2011. Silver and gold resources at CDE's Palmarejo mine in Mexico rose 169% Y/Y to 45.7M oz. and 370% to 964K oz. Comment! [Commodities, On the Move]
Wednesday, February 13, 8:34 AM Coeur d'Alene Mines (CDE) proposes to buy Orko Silver (OKOFF.PK) for ~C$384M, two months after Orko agreed to be sold to First Majestic Silver (AG). Orko's board says CDE's stock and cash offer is superior, and gives AG until Feb. 19 to match it. At the heart of the battle for Orko is the La Preciosa deposit in Mexico, one of the world's largest undeveloped silver projects. CDE -6% premarket. 2 Comments [Commodities, M&A, On the Move]
Thursday, January 17, 5:18 PM Coeur d'Alene Mines (CDE) says it produced 3.8M oz. of silver and more than 60K oz. of gold in Q4, and above-guidance 18M oz. of silver and a record high ~226K oz. of gold for full-year 2012. CDE sees 2013 production of 18M-19.5M oz. of silver and 250K-265K oz. of gold, due to higher production at its Kensington and Rochester operations. CDE +1% AH. Comment! [Commodities]
Tuesday, January 8, 5:39 PM Sterne Agee believes the recent pullback in North American precious metals producers presents a buying opportunity. The firm likes Newmont Mining (NEM) as underpriced based on its solid assets, commitment to cash flow and margin focus, project initiatives, and balance sheet strength; and Gold Resources (GORO), whose assets hold significant value relative to current share prices. 1 Comment [Commodities, Quick Ideas]
Thursday, December 20, 2012, 11:33 AM Coeur d'Alene Mines (CDE +0.4%) is initiated with an Accumulate rating and $28 price target by Global Hunter, which sees CDE as a company with the potential to mount a recovery next year after a challenging 2012, with underlying assets which can perform at higher levels and by getting back to basics and meeting production expectations. Comment! [Commodities, Quick Ideas]