Coeur Mining (CDE): Exploring Valuation After Recent Share Price Drop

Coeur Mining (CDE) shares have seen a sharp slide this week, pulling back nearly 12% in a single day and losing close to 19% over the past month. Investors are watching closely to gauge whether this move presents a chance to reassess the company's recent performance and prospects.

See our latest analysis for Coeur Mining.

Even with this week's steep slide, Coeur Mining’s journey over the past year has been nothing short of remarkable. The share price has rocketed over 140% year-to-date and the 1-year total shareholder return stands at an impressive 151%. That kind of momentum, while showing signs of cooling recently, highlights how quickly sentiment can shift as investors reassess both growth potential and perceived risks.

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With shares still trading well below analyst targets despite stellar annual returns, the question now is whether Coeur Mining’s recent pullback signals hidden value or if the market has already accounted for its future growth prospects.

Most Popular Narrative: 30.1% Undervalued

Coeur Mining's most closely watched narrative suggests the stock is priced well below its fair value of $21.67, with the last close at $15.14. This sets the stage for a high-conviction call on future growth and profitability, where analysts see both near-term and long-term catalysts at play.

The successful ramp-up and integration of the Rochester expansion and Las Chispas asset are driving significant increases in silver and gold production, positioning Coeur for robust revenue and earnings growth in the near to medium term.

Read the complete narrative.

Want to peek behind the scenes of this bullish narrative? Here’s the twist: bold forecasts for fast-rising profits and margins push Coeur’s valuation skyward. The full story reveals the ambitious financial assumptions that underpin this striking fair value. Are you ready to see what numbers could fuel Coeur’s next big move?

Result: Fair Value of $21.67 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent regulatory challenges or disappointing exploration results could quickly temper the bullish outlook and introduce new headwinds for Coeur Mining’s future growth.

Find out about the key risks to this Coeur Mining narrative.

Another View: Multiples Tell a Different Story

While the prevailing narrative paints Coeur Mining as undervalued, a look at its price-to-earnings ratio offers a different perspective. The company trades at 23.8 times earnings, a touch higher than both the US metals and mining industry average of 23.7 and its peer group at 20.2. However, this is still below its fair ratio of 25.6, suggesting the gap is narrow and there are fewer valuation “bargains” than some expect. Does this mean the easy value opportunity has passed, or is there more growth ahead to justify a premium?

See what the numbers say about this price — find out in our valuation breakdown.

Build Your Own Coeur Mining Narrative

If you see things differently or enjoy digging into the numbers yourself, you can put together your own Coeur Mining narrative in just a few minutes, your way with Do it your way.

A great starting point for your Coeur Mining research is our analysis highlighting 3 key rewards and 2 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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