Overview
* Coeur Mining ( CDE ) Q3 revenue of $555 mln, adjusted EBITDA beats analyst expectations
* Adjusted EPS for Q3 beats consensus, reflecting strong operational performance
* Company's cash balance more than doubles to $266 mln , enhancing liquidity
Outlook
* Coeur raises 2025 gold production guidance to 415,250 ounces
* Company lowers 2025 silver production guidance to 18.1 mln ounces
* Coeur expects 2025 adjusted EBITDA to exceed $1 bln
Result Drivers
* RECORD PRODUCTION - Coeur attributes record quarterly results to high production levels and solid cost performance across operations
* HIGHER METAL PRICES - Increased gold and silver prices contributed to margin expansion and record financial results
* LIQUIDITY IMPROVEMENT - Coeur's cash balance more than doubled compared to the prior quarter-end, enhancing liquidity and reducing net leverage
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat $0.23 $0.21 (5
Adjusted Analysts
EPS )
Q3 EPS $0.41
Q3 $147.3
Adjusted mln
Net
Income
Q3 Net $266.8
Income mln
Q3 Beat $299.1 $281.10
Adjusted mln mln (1
EBITDA Analyst)
Q3 $249.1
EBITDA mln
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 $14.50, about 26.1% below its October 28 closing price of $18.28
* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release:
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(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.)