Coeur Mining (CDE) Is Up 5.8% After Major Palmarejo Discovery Results Reshape Exploration Upside Narrative

• Coeur Mining has reported past results from its largest exploration program at the Palmarejo gold-silver complex since 2012, revealing extensions of multiple deposits and a new Camuchín discovery across a largely unexplored 300 km² land package in Mexico.
• The confirmation of high-grade mineralization and open-ended trends at Hidalgo, Independencia Sur, San Miguel, La Unión, and Camuchín suggests substantial scope for future resource additions and potential mine life extension outside the existing gold stream area.
• Now we’ll examine how East Palmarejo’s new Camuchín trend and broader exploration success may reshape Coeur Mining’s investment narrative.

Find companies with promising cash flow potential yet trading below their fair value.

Coeur Mining Investment Narrative Recap

To own Coeur Mining, you need to believe its exploration spend can translate into sustained, profitable production while it keeps costs and capital intensity under control. The Palmarejo results reinforce the near term mine life and resource growth catalyst, but they do not remove key risks around permitting timelines, FX driven cost volatility and the need to fund ongoing drilling and development without straining cash flows.

Among recent announcements, the expansion drilling along the Hidalgo Corridor ties directly into this Palmarejo update, since it extends mineralization over 2.5 kilometers near existing infrastructure. Together with the new Camuchín and East Palmarejo hits, it strengthens the idea that aggressive brownfield exploration could support longer mine life and smoother production, but it also raises the stakes on execution and capital discipline around Rochester, Las Chispas and future underground development.

Yet investors should also be aware that rising capital intensity and longer development timelines could...

Read the full narrative on Coeur Mining (it's free!)

Coeur Mining’s narrative projects $2.1 billion revenue and $676.1 million earnings by 2028.

Uncover how Coeur Mining's forecasts yield a $20.86 fair value, a 14% upside to its current price.

Exploring Other Perspectives

Seven fair value estimates from the Simply Wall St Community span roughly US$2.62 to US$29.96 per share, showing how far apart individual views can be. Set that against Coeur’s heavy ongoing exploration and development spend, which can support future production but also raises the risk of cash flow pressure, and you are reminded to compare several perspectives before deciding where you stand.

Explore 7 other fair value estimates on Coeur Mining - why the stock might be worth less than half the current price!

Build Your Own Coeur Mining Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Coeur Mining research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Coeur Mining research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Coeur Mining's overall financial health at a glance.

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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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