
Coeur Mining (CDE) Stock Forecast & Price Target
Coeur Mining (CDE) Analyst Ratings
Bulls say
Coeur Mining Inc. demonstrated strong production growth in the second quarter, achieving 108.5 thousand ounces of gold and 4.7 million ounces of silver, surpassing previous forecasts and the production levels seen in the first quarter. Financially, the company showed significant improvement in its balance sheet, fully repaying a $110 million revolving credit facility, increasing its treasury by $34 million to reach a total of $112 million, and reducing its net leverage ratio from 0.9x to 0.4x. These positive developments in production and financial health support a favorable outlook for Coeur Mining's stock.
Bears say
Coeur Mining Inc's financial outlook appears negative due to a potential downside scenario involving a 50% contraction of target price multiples from current levels. Although the company has made strides in reducing its net leverage ratio from 2.9x a year ago to 0.4x, the persistent economic uncertainties surrounding precious metal prices and market volatility raise concerns. Despite the moderation of balance sheet risks to low levels, these external factors could significantly impact future revenue generation and profitability.
This aggregate rating is based on analysts' research of Coeur Mining and is not a guaranteed prediction by Public.com or investment advice.
Coeur Mining (CDE) Analyst Forecast & Price Prediction
Start investing in Coeur Mining (CDE)
Order type
Buy in
Order amount
Est. shares
0 shares