Narratives are currently in beta
---
Coeur Mining: Stock Price Estimate at $4,000 Gold and $100 Silver
---
Step 1: Revenue Estimation
1. Production Estimates for 2024:
Silver: 12M oz.
Gold: 330K oz.
2. Projected Revenue:
Gold Revenue = 330,000 × 4,000 = $1,320,000,000 USD.
Silver Revenue = 12,000,000 × 100 = $1,200,000,000 USD.
Total Revenue = $1,320,000,000 + $1,200,000,000 = $2,520,000,000 USD.
---
Step 2: Free Cash Flow (FCF) Estimation
1. Assumed FCF Margin: 30%.
2. FCF Calculation:
FCF = Total Revenue × 0.30.
FCF = $2,520,000,000 × 0.30 = $756,000,000 USD.
---
Step 3: Market Capitalization
1. Valuation Multiple: 10x FCF.
2. Market Cap:
Market Cap = FCF × 10.
Market Cap = $756,000,000 × 10 = $7,560,000,000 USD.
---
Step 4: Stock Price Calculation
1. Shares Outstanding: 350M.
2. Stock Price:
Stock Price = Market Cap ÷ Shares Outstanding.
Stock Price = $7,560,000,000 ÷ 350,000,000 = $21.60 USD.
---
Conclusion
If gold rises to $4,000/oz and silver to $100/oz, Coeur Mining’s estimated stock price could be approximately $21.60 per share. This reflects the company’s significant upside potential with higher metal prices, assuming strong operational efficiency and favorable market conditions.
How well do narratives help inform your perspective?
