Overview
* Coeur Mining ( CDE ) Q2 revenue rises to $481 mln, adjusted EBITDA beats estimates
* Adjusted EPS for Q2 beats consensus, driven by strong production increases
* Co announced $75 mln stock repurchase program, extinguishes revolving credit facility
Outlook
* Coeur reaffirms 2025 gold production guidance of 380,000 - 440,000 ounces
* Company expects 2025 silver production of 16.7 - 20.3 mln ounces
* Coeur anticipates over $800 mln adjusted EBITDA for full-year 2025
* Company projects over $400 mln free cash flow for full-year 2025
Result Drivers
* PRODUCTION INCREASES - Coeur reports significant increases in silver and gold production, up 27% and 25% quarter-over-quarter, respectively
* HIGHER METAL PRICES - Average realized prices for gold and silver increased 15% and 5% respectively, contributing to revenue growth
* COST REDUCTION - Costs applicable to sales per gold and silver ounce declined by approximately 6% quarter-over-quarter
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $323.10
Revenue mln
Q2 Beat $0.2 $0.18 (5
Adjusted Analysts
EPS )
Q2 EPS $0.11
Q2 $127.40
Adjusted mln
Net
Income
Q2 Net $70.70
Income mln
Q2 Beat $243.50 $225.40
Adjusted mln mln (2
EBITDA Analysts
)
Q2 $203 mln
EBITDA
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the gold peer group is "buy"
* Wall Street's median 12-month price target for Coeur Mining Inc ( CDE ) is $11.00, about 11.4% above its August 5 closing price of $9.75
* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)