Coeur Mining Inc
Latest Coeur Mining Inc News and Updates
Is Silver More Valuable as a Precious Metal or an Industrial Metal?
Silver has been falling over the past few years, despite surging demand for its industrial use. Fundamentally, silver seems to be strong due to rising demand and a year-over-year shortfall in its supply.
Financial Leverage Is Less of a Concern for Coeur Mining’s Investors
Coeur Mining (CDE) repaid $109.3 million of its debt in 3Q16. After this, the company’s interest expenses fell 26% quarter-over-quarter and 35% year-over-year.
Factors That Could Drive Silver Miners’ Valuations in 2017
Coeur Mining (CDE) is trading at a forward EV-to-EBITDA multiple of 6.9x, the lowest multiple in the peer group.
Why Miners Have Outshined Precious Metals
Mining stocks are often known to amplify the returns in precious metals. Small losses for metals can bring exponential losses to metal miners, and vice versa.
How Rebounding Equities Are Affecting Precious Metals
Compared to the substantial gains in precious metals on Tuesday, the gains yesterday were muted. How come?
Which Silver Miners Still Need to Work on Financial Health?
Coeur Mining’s (CDE) debt at the end of 1Q17 was $219.1 million, which is 57.0% lower than at the end of 1Q16.
How Indian Demand Could Influence Gold Prices
India and China remain the top two consumers of gold (IAU) and silver (SLV).
Which Silver Miners Could Surprise on the Downside of Production?
Hecla Mining’s (HL) silver production recorded a fall of 27.0% year-over-year (or YoY) to 3.4 million ounces in 1Q17.
How Economic Numbers Played on Gold on April 7
Besides the attack on Syria, the latest rise in gold was also backed by dampened expectations that the Fed will raise interest rates soon.
Can Coeur Mining’s Production Levels Keep Accelerating?
In 1Q16, Coeur’s silver and gold production was slightly lower than market expectations. It produced 3.4 million ounces of silver and 78,000 ounces of gold.
Will Interest Rates Have a Substantial Impact on Gold?
The Federal Reserve is expected to raise the interest rate in its March 2018 meeting for what would be the sixth time since late 2015.
Gold Fell as US Interest Rates Soared
Investors were somewhat pessimistic about gold during the last quarter of 2016. Most of the fluctuations were due to the news of the interest rate hike.
Will Gold Keep Clinging to US Interest Rates?
Investors are cautious about investing in gold after the sudden surge over the past three months. The Market sentiment in gold seems to be far from bearish.
Behind Silver Miners’ Debt Repayment Capacities
Silver companies try to maintain an optimal level of debt-to-equity to lower their costs of capital and maintain an optimum level of risk-reward for shareholders.
As Gold Miner ETFs Rally, Why Are Gold Prices Headed South?
When gold prices fell by 11% in 2015, GDX amplified that loss by returning -25%. In 2016, GDX amplified gold’s gains positively.
How Are Analysts Rating Coeur Mining?
The market consensus rating for Coeur Mining stock is a “buy” from 60.0% of analysts. About 40.0% are recommending a “hold.”
Which Silver Stock Is Seeing Upgrades These Days?
On October 3, 2016, Deutsche Bank (DB) upgraded Coeur Mining (CDE) from “sell” to “hold.” The firm also increased its target price from $7.50 to $11.
Which Silver Miners Offer a Valuation Upside?
Coeur d’Alene Mines (CDE) is trading at a forward EV-to-EBITDA of 7.6x, which is lower than the average peer multiple of 8.3x.
What Made Coeur Mining Change Its Production Guidance?
Coeur Mining (CDE) achieved a quarterly silver equivalent production of 8.9 million SEO (silver equivalent ounces) in 2Q17.
Analysts Are Optimistic about Coeur Mining
Market sentiment for Coeur Mining Coeur Mining (CDE) is a high-cost producer compared with peers (RING) (SIL). While it has initiated several measures to bring down its costs in the last few years, they remain high. Higher costs make CDE more leveraged to gold and silver prices than other low-cost producers such as Barrick Gold (ABX) […]
Understanding the Debt Repaying Capacities of Silver Miners
High debt isn’t always bad if a company has the capacity to pay back its debt with its earnings.
How Are Silver Miners Doing as Silver Outshines Gold?
Silver has outperformed gold year-to-date (or YTD). The SPDR Gold Shares ETF (GLD) has risen 17% YTD, while the iShares Silver Trust ETF (SLV) has risen 24%.
What Future Growth Options Does AngloGold Really Have?
At its Siguiri gold mine in Guinea, AngloGold Ashanti (AU) is planning to invest about $115 million over the course of two years.
How the Ratings and Potential Upsides for Silver Miners Look Today
The performances of precious metal miners with substantial exposure to silver have been disappointing in 2017. As a group, they’ve returned just 0.9% YTD.
The Market Sentiment for Coeur Mining as 4Q17 Begins
CDE stock has risen 2.6% year-to-date. However, during the same period, silver prices gained 4.7% and the Global X Silver Miners ETF (SIL) rose 5.5%.
Which Silver Miners Can Provide Free Cash Flow Upside Going Forward?
Free cash flow The generation of FCF (free cash flow) is important for precious metal mining companies (RING) (SIL). It helps them invest in projects that can drive long-term value, optimize their financial leverage, and provide shareholder returns. Silver mining companies are constantly trying to reduce their costs and capital expenditures in order to generate FCF. Hecla […]
Gold Prices Are Expected to Trade in a Narrow Range
The Fed rate hike expectation has been one of the biggest factors driving gold prices for some time. Interest rates have been near zero since 2008.
The Most Crowded Trades Today: Assessing Gold’s Benefit
The average cash balance is now 4.8%, which is higher than the ten-year average cash level of 4.5%.
Silver Futures Show a Silver Lining
Recent global unrest and the equity market slump have weighed on silver while the haven appeal that has lifted up gold has also helped silver.
Understanding the Long-Term Growth Drivers for Silver Miners
After years of cutting back on sustained capital expenditure, silver miners—like their gold mining peers—have started to refocus on production growth.
Analyzing Silver Miners’ Relative Valuations
Precious metals miners with substantial exposure to silver are usually classified as silver miners.
Analyst Sentiment for Coeur Mining: Why It’s Changing
The market consensus rating for Coeur Mining stock is a “buy” from 67.0% of analysts. About 33.0% are recommending a “hold.”
Which Silver Miners Need to Get into Better Financial Shape?
While precious metal prices remained buoyant throughout 2016, miners are leaving no stone unturned in their mission to prune their balance sheets.
How Silver Prices Are Influencing Major Silver Miners
Mining companies like First Majestic Silver (AG), Silver Wheaton (SLW), Pan American Silver (PASS), Coeur Mining (CDE), and Hecla Mining (HL) are primarily into silver exploration.
Why Barrick Gold’s Production Matters: What Could Lead to a Downgrade
Barrick Gold (ABX) produced ~1.43 million ounces of gold in 2Q17, which represents a growth of 7% on a year-over-year basis.
Are Analysts Coming Around to Coeur Mining?
The market consensus rating for Coeur Mining stock is split between “buy” and “hold.” Of the nine analysts covering the company, 56% have “buy” recommendations.
Where Are Gold Prices Headed Next?
There are many factors that support higher gold prices in the medium- to long-term.
Are Equity Markets’ Valuations Stretched?
The International Monetary Fund (or IMF) also warned that the downside risks to the world financial stability have increased over the past six months.
These 10 Gold Stocks Matter Now to the Analysts Still Betting on Gold
Gold prices remain under pressure as the demand for alternative investments, including equity stocks and bitcoin, remain strong in the risk-on environment.
Higher Auto Sales in the US Fail to Boost Platinum and Palladium
Platinum futures for April expiry fell by almost 5.4% over the first five trading days of 2016. Palladium futures for March expiry fell by 12.5% YTD.
Why Analysts Love First Majestic Silver the Most
While First Majestic Silver (AG) has seen negative returns year-to-date (or YTD), it has outperformed the Silver Miners (SIL) Index.
Is the Gold-Silver Ratio Headed South?
The gold-silver ratio was trading at 78.7 on Monday, April 11, 2016. The gold-silver ratio is trading close to its 100-day moving average.
Silver Stocks: Keeping Up with Analyst Rating Changes
Following the recent strong run in silver (SLV), several analysts have commented on silver miners (SIL), as we’ll see in this part of the series.
Why Did Silver Outperform Gold in 2016?
While the last two months of 2016 chipped away a large part of the gains made by precious metals, silver outperformed gold on a yearly basis.
Which Silver Miners Cut Cost Guidance in 3Q16?
Cost discipline and low-cost assets are crucial for silver miners. They help miners navigate lower metal price environments while improving margins and FCF.
What to Expect from Eldorado Gold’s Q3 Conference Call
Eldorado Gold (EGO) stock lost significantly in 2017 due to the standoff with the Greek government and some technical issues at its mines in Turkey.
Which Silver Miner Offers Optimal Geographic Exposure?
Given rising taxes, royalties, changes to mining codes, and asset nationalizations in the past few years, many big mining projects have become uneconomical.
Which Gold Miners Benefitted Most from the 1H16 Gold Rush?
Gold prices rose 23% in the first half of 2016, making gold one of the best-performing investments so far this year.
Can Federal Funds Futures Hint at the Direction of Gold Prices?
Federal funds futures, which are used to hedge the interest rate risk, are factoring in a maximum of one interest rate hike by the end of 2016.
Technical Indicators in Silver: An Oversold Position in 2017?
Coeur Mining (CDE), Hecla Mining (HL), and Pan American Silver (PAAS) are trading 3.3, 7.9%, and 2.6%, respectively below their 50-day moving averages.
These Silver Miners Could Offer a Free Cash Flow Upside in 4Q16 and Beyond
FCF generation is vital for precious metal miners because it helps them invest in long-term value projects, optimize financial leverage, and offer returns.
How Has the Analyst Sentiment Changed for Silver Miners?
Among primary silver miners, Tahoe Resources (TAHO) seems to be an analyst favorite, with the highest “buy” ratings at 100% and no “sell” ratings.
What High US Equity Market Valuations Mean for Gold
One asset class that is still riding on “Trump trade” appears to be US equities —tech stocks, in particular.
Outlook: IAMGOLD’s Stock Momentum after Its Q3 2018 Results
IAMGOLD (IAG) was the best-performing gold stock of 2017, returning 51.4% for the year.
Outlook: IAMGOLD’s Stock Momentum after Q2 2018 Results
IAG is guiding for gold production of 850,000–900,000 ounces for 2018.
Tracking Precious Metals’ Cross-Commodity Rates
The turbulence in worldwide markets has helped precious metals, especially gold and silver, to reach new highs that we haven’t seen in the last few months.
What Put Coeur Mining in 2nd Place?
Right now, of the nine Wall Street analysts covering CDE stock, according to Thomson Reuters, 78% recommend a “buy,” while 22% recommend a “hold.”
What’s Driving Analysts’ Sentiment toward Coeur Mining?
Even though its cost-cutting efforts were impressive in 2015 and 2016, Coeur is still producing at higher costs than many of its peers.
Understanding Silver Miners’ Financial Leverage after 2Q17
As precious metal prices came under pressure after 2011, miners focused their attention on reducing their financial leverages.
How Are Miners Tracking Their Correlation to Gold?
Precious metals mining stocks are tied to metals. In order to understand precious metals’ performance, it’s crucial to analyze precious metal companies.
Assessing Silver and Gold in 2015
Silver was the second best-performing precious metal in September, advancing by 11.40% on a 30-day trailing basis. But October has seen negative returns.
What’s Driving Silver’s Growth?
Silver has successively risen in the current year and is now the best-performing precious metal.
Miners Traded Significantly above Their 100-day Moving Averages
With the rally in precious metals, precious metal mining stocks benefited the most. Among the miners, the South African miners outperformed.
How Silver Mining Companies Are Performing
The current turmoil in the stock markets has hurt most market participants. Investors are thus opting for safer investments like gold and silver.
Barrick Gold’s Merger Could Drive Its Production Going Forward
Production growth is a crucial variable for miners. Along with realized metal prices, production growth drives a company’s top line.
Will Silver Miners’ Multiples Expand after a Long Dry Spell?
On November 14, 2018, Pan American Silver announced that it was buying Tahoe Resources in a $1.07 billion cash and stock deal.
Which Silver Miners Look Primed for a Rebound after a Dry Spell?
Of all the major silver stocks, Tahoe Resources (TAHO) is trading at the lowest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 3.3x.
Why Execution on Growth Projects Will Be Key for IAMGOLD Stock
CEO Steve Letwin stated during IAMGOLD’s third-quarter earnings call that it’s focused on becoming a low-cost producer.
What’s Driving Production Growth for Barrick Gold?
Production growth is a crucial variable for miners. Along with realized metal prices, it drives a company’s top line.
Why Coeur Mining Has Climbed the Ranks among Analysts
Year-to-date, Coeur Mining (CDE) has almost matched the performance of the Silver Miners Index (SIL) with losses of 25%.
Which Silver Miners Look Reasonable at Current Valuations?
Of all the stocks we’ve covered in this series, Tahoe Resources (TAHO) is trading at the lowest enterprise-value-to-forward-EBITDA multiple of 3.5x.
Can Tahoe Resources Regain Analysts’ Lost Favor?
YTD (year-to-date), Tahoe Resources (TAHO) has had the worst performance of all silver miners with losses of 44%.
Why Analysts Are Optimistic about Coeur Mining
On a YTD basis, Coeur Mining (CDE) has almost matched the performance of the Silver Miners’ Index (SIL) with losses of 27.1%.
How Do Analysts Rate Silver Miners?
In 2018 so far, silver prices have significantly underperformed gold prices.
Barrick Gold’s Production Growth Profile Is Declining
Barrick Gold (ABX) produced ~1.07 million ounces of gold in the second quarter, which reflects a decline of ~25.0% year-over-year.
What’s the Impact of Interest Rates on Precious Metals?
Monetary policies have been crucial in determining the movement in precious metals.
Why Tahoe Resources Has Lost Favor with Analysts
YTD, Tahoe Resources (TAHO) has risen 3.5%. Its “buy” ratings are only better than Hecla Mining (HL).
Why Analysts Like First Majestic Silver the Most
First Majestic Silver (AG) is one of the few silver miners (SIL) to have a double-digit return YTD. Its stock has risen 10.8% as of June 26.
Analyzing Analysts’ Love-Hate Relationship with Silver Stocks
The five silver miners we’ll be discussing in this series have broadly outperformed silver prices and the silver miners’ index YTD.
How Are Mining Stocks Reacting to the Slump in Gold?
The Global X Silver Miners ETF (SIL) and the VanEck Vectors Gold Miners ETF (GDX) have fallen about 7.6% and 1.8%, respectively, during the last month.
How Market Volatility Moved Gold on June 25
Precious metals saw downward price movement on June 25. Gold fell ~0.26% and was trading at $1,266.00 per ounce on the day.
Reading the Reactions of Precious Metals Miners on May 23
In this article, we’ll discuss the moving averages, returns, and RSI scores of Sibanye Gold, Gold Fields, Coeur Mining, and Barrick Gold.
These Mining Stocks Are Following Gold Closely
Over the past three years, AEM, FNV, and ABX have seen a declining correlation to gold.
Silver: The Second-Favorite Metal
With continuing downward sentiment in precious metals, it’s important to look at what large traders and hedge funds are doing with their positions in metals.
The Slump in Precious Metals and Their Technicals
On May 15, gold dropped about 2.1% and closed at $1,288.90 per ounce.
Reading the Gold-Palladium Ratio
Whereas palladium has been the strongest among the four precious metals over the last month, it has fallen 7.2% year-to-date, possibly due lower car demand in China.
Can Silver Miners Rebound in 2018 after a Long Dry Spell?
In 2018, the iShares Silver Funds ETF (SLV), which tracks spot silver prices, has fallen 2.8%, while the Silver Miners’ Index (SIL) has fallen 5.5%.
How Is Platinum Performing in 2018 So Far?
In this part of the series, we’ll focus on the gold-platinum spread, which compares the price performances of the two metals.
How Upswing in US Dollar Is Affecting Precious Metals
The correlation between gold and the dollar since the beginning of 2018 is -0.85.
How Gold and Silver Performed amid Geopolitical Tensions
The past one month has been good for precious metals with the exception of platinum.
Miners’ Correlation with Gold in April
In this part of our series, we’ll look at the correlation between gold and four mining stocks: Franco-Nevada (FNV), Coeur Mining (CDE), Kinross Gold (KGC), and Eldorado Gold (EGO).
Is the Correlation of Mining Shares Mixed or Directional?
Kinross Gold has shown the highest correlation with gold, while Eldorado Gold has seen a negative correlation YTD.
Will Gold Keep Reacting to US-China Trade War Jitters?
The rise in gold on Wednesday was most likely due to the ongoing unrest in markets due to concerns about the US-China trade war.
Equity Market Correction: The Next Catalyst for Gold Prices?
Multiple factors could lead to a downside for the markets, including a faster rate hike scenario from the Fed, trade issues, and higher inflation.
Gold Price Drivers: The Fed, Trade War Fears, the US Dollar
Uncertainty or volatility in the markets is increasing. But what’s the impact on gold?
Comparing Mining Stocks’ Correlation with Gold
Mining stocks tend to move with gold prices. In this part, we’ll analyze the correlation between gold and four mining stocks.
Can Coeur Mining’s Outperformance Continue in 2018?
Coeur Mining’s (CDE) YTD (year-to-date) operational performance has been strong. Among major silver miners, it has given the highest return.
Silver Underperforms Gold in 2018: Can It Correct Its Course?
As of March 16, 2018, the SPDR Gold Shares ETF (GLD), which tracks gold prices, had risen 0.8% YTD.
How Silver Miners Have Performed in March 2018
On March 6, all four precious metals had an up day, which also led to gains for miners.
How Precious Metal Mining Shares Correlate to Gold Prices
Barrick Gold has the highest correlation to gold of 0.88 on a YTD (year-to-date) basis, while Eldorado Gold has the lowest correlation.