- Coeur Mining reported an adjusted earnings per share (EPS) of 20 cents for the second quarter, surpassing the previous year’s loss of 1 cent per share and exceeding the estimate of 18 cents.
- Gold production increased by 25% quarter-over-quarter, reaching 108,487 ounces, which was higher than the estimated 104,589 ounces.
- Silver production saw a substantial increase of 27% quarter-over-quarter, achieving 4.7 million ounces.
- Free cash flow for the quarter was reported at $146.2 million.
- Consolidated revenue for the quarter reached $480.7 million, up significantly from $222.0 million year-over-year, and surpassed the estimate of $474.2 million.
- The company has received 9 buy recommendations, with no hold or sell recommendations noted.
A look at Coeur Mining Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Coeur Mining shows a positive long-term outlook. With a high score in Growth and Momentum, the company is positioned for future expansion and potential for increasing market value. This indicates a strong potential for growth and profitability in the coming years. However, Coeur Mining scores lower in Dividend, suggesting that investors may not receive significant dividend payouts but can potentially benefit from stock price appreciation.
Coeur Mining, Inc. is a company that specializes in exploring, developing, and operating silver and gold mining properties across the United States, Australia, and South America. With a balance of scores across various factors, including Value and Resilience, the company demonstrates a solid foundation for long-term sustainability and success in the volatile mining industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
