Movers and SHAKERS
Coeur Mining (CDE)
Laying the Groundwork for Improved Performance in 2020
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, rochester, wharf, and kensington. Its projects are located in the United States, Canada and Mexico, and North America.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
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- CDE reports third quarter 2019 production results. Coeur Mining reported third quarter production of 99,782 ounces of gold, 3.0 million ounces of silver, 4.2 million pounds of zinc and 4.5 million pounds of lead. Gold production was ahead of our expectations, while silver, lead and zinc lagged.
- Adjusting estimates. We are revising our 2019 EPS loss forecast to ($0.32) per share from ($0.29) per share to reflect increased operating costs. However, we are increasing...
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.