Coeur Mining has transformed into a diversified North American precious metals producer after acquiring New Gold, shifting away from its silver-miner legacy. CDE delivered record Q1 2026 results, with revenue up 138% and free cash flow surging 1,383%, driven by strong production and high metals prices. With a net cash position, expanded buyback, and first-ever dividend, CDE is financially robust and trades at a significant valuation discount to peers like Hecla.
Coeur Mining remains a strong buy after the New Gold acquisition, with robust production, cash flow, and a conservative valuation supporting long-term upside. CDE's Q1 performance was solid, reaffirming production guidance and highlighting a strong balance sheet, expanded credit facility, and a $750 million buyback program. Management plans to record exploration investment in 2026, focusing on high-potential assets and leveraging capital inflows from NGD to reshape the company's future.
Coeur Mining posted record Q1 '26 results and expects over $3B in EBITDA and $2B of free cash flow in 2026, contingent on strong metal prices. Recent New Gold acquisition boosts reserves and future production, with the strongest quarters ahead as new mines contribute fully. Coeur now has a net cash balance sheet after peak net leverage of 4.1x in 2023.
| Metals & Mining Industry | Materials Sector | Mitchell J. Krebs CEO | XSTU Exchange | 192108504 CUSIP |
| US Country | 2,620 Employees | 22 May 2026 Last Dividend | 27 May 2009 Last Split | 12 Apr 1990 IPO Date |
Coeur Mining, Inc., initially known as Coeur d'Alene Mines Corporation before its renaming in May 2013, stands as a pivotal explorer for precious metals within the United States, Canada, and Mexico since its incorporation in 1928. With a strategic focus on acquiring and developing gold, silver, zinc, and lead properties, the company has committed itself to supply the growing demand for these valuable resources. Headquartered in Chicago, Illinois, Coeur Mining has leveraged its extensive experience and technological advancements to position itself as a leader in the precious metals industry, aiming to deliver value to its stakeholders through sustainable and responsible mining practices.