Coeur Mining: Thoughts On The SilverCrest Metals Acquisition

(16min)

Summary

  • The merger between Coeur Mining and SilverCrest Metals creates a stronger company with significant upside potential.
  • Adding SilverCrest's Las Chispas property will give Coeur five producing properties with about 425,000 oz of gold production and 21 million oz of silver production.
  • Coeur's leverage to rising gold/silver prices makes it a compelling speculative bet, with potential for substantial free cash flow and market cap growth.
  • Looking for a portfolio of ideas like this one? Members of Gold & Silver Mining Ideas get exclusive access to our subscriber-only portfolios. Learn More »

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This article was written by

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of CDE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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