Coeur Mining, Inc. Earnings Recaps
Q1 2026
May 8, 2026
Coeur Mining’s shares slipped 1.0% following a quarter that was broadly in line with expectations but lacked clear catalysts to drive the stock higher, as investors digested modest production growth and a reaffirmed 2026 outlook amid ongoing integration complexity.
Key takeaways
- First quarter production benefited from only partial contributions (11 days) from the newly acquired New Afton and Rainy River mines.
- Revenue reached $856 million with EBITDA increasing 12% sequentially and nearly quadrupling year-over-year to $475 million.
- Free cash flow totaled $267 million despite over $200 million in quarter-specific and one-time charges.
- The company reiterated full-year 2026 guidance targeting approximately 750,000 ounces of gold, over 20 million ounces of silver, nearly 60 million pounds of copper, and more than $3 billion in EBITDA.
- Balance sheet strength improved significantly, with cash growing nearly 11-fold year-over-year to $843 million and successful refinancing initiatives completed.
Q3 2025
Oct 31, 2025
Coeur Mining delivered exceptional third-quarter results, achieving record production levels and financial performance, with cash balances projected to exceed $500 million by year-end.
Key takeaways
- Consolidated gold production reached over 111,000 ounces, while silver production totaled 4.8 million ounces, marking significant sequential increases.
- Las Chispas operation recorded a robust 34% increase in free cash flow, totaling $66 million in the quarter, bolstering the company’s growth profile post SilverCrest acquisition.
- The company expects full-year EBITDA to surpass $1 billion and free cash flow to exceed $550 million, exceeding prior estimates.
- Coeur's share repurchase program has achieved nearly 10% of its initial $75 million target, reflecting confidence in capital allocation.
- Improvements in operational efficiencies across multiple mines, particularly in Rochester and Kensington, support upgraded production guidance for 2025.