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Friday, August 9, 2019
Coeur Mining (CDE)
Momentum Building in the Second Half?
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. The company is involved on 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 company are palmarejo, rochester, wharf, and kensington.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- CDE reports second quarter loss. The company reported a second quarter adjusted loss of ($0.11) per share, compared to earnings of $0.01 during the prior year period and our estimate of ($0.10). Adjusted EBITDA amounted to $30.6 million versus $48.4 million during the second quarter of 2018 and our estimate of $26.0 million.
- Updating estimates. While our 2019 estimates remain unchanged, we now project 2020 EPS of…
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