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CDE

Coeur MiningNYSE:CDE Stock Report

Market Cap

US$1.6b

7D

-0.8%

1Y

-13.8%

Updated

26 Sep, 2021

Data

Company Financials +
CDE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends0/6

CDE Overview

Coeur Mining, Inc. explores for, develops, produces, and sells precious metals in the United States, Canada, and Mexico.

Coeur Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coeur Mining
Historical stock prices
Current Share PriceUS$6.18
52 Week HighUS$5.95
52 Week LowUS$12.60
Beta1.76
1 Month Change-11.21%
3 Month Change-29.45%
1 Year Change-13.81%
3 Year Change15.95%
5 Year Change-47.76%
Change since IPO-97.11%

Recent News & Updates

Shareholder Returns

CDEUS Metals and MiningUS Market
7D-0.8%-2.8%0.1%
1Y-13.8%42.6%35.3%

Return vs Industry: CDE underperformed the US Metals and Mining industry which returned 42.6% over the past year.

Return vs Market: CDE underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is CDE's price volatile compared to industry and market?
CDE volatility
CDE Beta1.76
Industry Beta1.32
Market Beta1

Stable Share Price: CDE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CDE's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19281,959Mitch Krebshttps://www.coeur.com

Coeur Mining, Inc. explores for, develops, produces, and sells precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 17,044 net acres situated in northwestern Nevada; the Kensington gold mine comprising 12,336 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 7,852 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 98,834 net acres located in northern British Columbia, Canada.

Coeur Mining Fundamentals Summary

How do Coeur Mining's earnings and revenue compare to its market cap?
CDE fundamental statistics
Market CapUS$1.59b
Earnings (TTM)US$72.94m
Revenue (TTM)US$875.02m

21.8x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CDE income statement (TTM)
RevenueUS$875.02m
Cost of RevenueUS$507.34m
Gross ProfitUS$367.68m
ExpensesUS$294.74m
EarningsUS$72.94m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.28
Gross Margin42.02%
Net Profit Margin8.34%
Debt/Equity Ratio42.4%

How did CDE perform over the long term?

See historical performance and comparison

Valuation

Is Coeur Mining undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CDE ($6.18) is trading below our estimate of fair value ($40.17)

Significantly Below Fair Value: CDE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CDE is poor value based on its PE Ratio (21.8x) compared to the US Metals and Mining industry average (11.3x).

PE vs Market: CDE is poor value based on its PE Ratio (21.8x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: CDE is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: CDE is good value based on its PB Ratio (1.8x) compared to the US Metals and Mining industry average (2.3x).


Future Growth

How is Coeur Mining forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDE's forecast earnings growth (8.7% per year) is above the savings rate (2%).

Earnings vs Market: CDE's earnings (8.7% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: CDE's earnings are forecast to grow, but not significantly.

Revenue vs Market: CDE's revenue (7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: CDE's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CDE's Return on Equity is forecast to be low in 3 years time (6.3%).


Past Performance

How has Coeur Mining performed over the past 5 years?

-4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CDE has high quality earnings.

Growing Profit Margin: CDE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CDE has become profitable over the past 5 years, growing earnings by -4.9% per year.

Accelerating Growth: CDE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CDE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (108.8%).


Return on Equity

High ROE: CDE's Return on Equity (8.4%) is considered low.


Financial Health

How is Coeur Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CDE's short term assets ($304.1M) exceed its short term liabilities ($227.8M).

Long Term Liabilities: CDE's short term assets ($304.1M) do not cover its long term liabilities ($611.8M).


Debt to Equity History and Analysis

Debt Level: CDE's debt to equity ratio (42.4%) is considered high.

Reducing Debt: CDE's debt to equity ratio has reduced from 94.1% to 42.4% over the past 5 years.

Debt Coverage: CDE's debt is well covered by operating cash flow (54.5%).

Interest Coverage: CDE's interest payments on its debt are well covered by EBIT (7.8x coverage).


Balance Sheet


Dividend

What is Coeur Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CDE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CDE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CDE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CDE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CDE's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Mitch Krebs (49 yo)

10.17yrs

Tenure

US$4,078,908

Compensation

Mr. Mitchell J. Krebs, also known as Mitch, has been the Chief Executive Officer and President of Coeur Mining, Inc. since July 12, 2011. Mr. Krebs served as the Chief Financial Officer of Coeur Mining, In...


CEO Compensation Analysis

Compensation vs Market: Mitch's total compensation ($USD4.08M) is about average for companies of similar size in the US market ($USD3.68M).

Compensation vs Earnings: Mitch's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CDE's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: CDE's board of directors are seasoned and experienced ( 10.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CDE insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.


Top Shareholders

Company Information

Coeur Mining, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Coeur Mining, Inc.
  • Ticker: CDE
  • Exchange: NYSE
  • Founded: 1928
  • Industry: Gold
  • Sector: Materials
  • Market Cap: US$1.588b
  • Shares outstanding: 257.03m
  • Website: https://www.coeur.com

Number of Employees


Location

  • Coeur Mining, Inc.
  • 104 South Michigan Avenue
  • Suite 900
  • Chicago
  • Illinois
  • 60603
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:05
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.