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CDE

Coeur Mining NYSE:CDE Stock Report

Last Price

US$3.33

Market Cap

US$935.3m

7D

6.7%

1Y

-52.0%

Updated

14 Aug, 2022

Data

Company Financials +
CDE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

CDE Stock Overview

Coeur Mining, Inc. explores for 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$3.33
52 Week HighUS$7.64
52 Week LowUS$2.54
Beta1.76
1 Month Change21.09%
3 Month Change-1.77%
1 Year Change-52.02%
3 Year Change-32.73%
5 Year Change-56.87%
Change since IPO-98.44%

Recent News & Updates

Shareholder Returns

CDEUS Metals and MiningUS Market
7D6.7%4.8%3.2%
1Y-52.0%-11.9%-10.2%

Return vs Industry: CDE underperformed the US Metals and Mining industry which returned -11.9% over the past year.

Return vs Market: CDE underperformed the US Market which returned -10.2% over the past year.

Price Volatility

Is CDE's price volatile compared to industry and market?
CDE volatility
CDE Average Weekly Movement10.2%
Metals and Mining Industry Average Movement9.3%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: CDE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CDE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19282,105Mitch Krebshttps://www.coeur.com

Coeur Mining, Inc. explores for 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 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 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$935.29m
Earnings (TTM)-US$135.28m
Revenue (TTM)US$808.38m

1.2x

P/S Ratio

-6.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CDE income statement (TTM)
RevenueUS$808.38m
Cost of RevenueUS$594.97m
Gross ProfitUS$213.41m
Other ExpensesUS$348.69m
Earnings-US$135.28m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.48
Gross Margin26.40%
Net Profit Margin-16.73%
Debt/Equity Ratio56.4%

How did CDE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CDE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CDE?

Other financial metrics that can be useful for relative valuation.

CDE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA8.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CDE's PS Ratio compare to its peers?

CDE PS Ratio vs Peers
The above table shows the PS ratio for CDE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.5x
BVN Compañía de Minas BuenaventuraA
1.8x7.2%US$1.5b
DRD DRDGOLD
1.9x3.2%US$559.4m
GORO Gold Resource
1.1x-3.1%US$167.0m
MUX McEwen Mining
1.2x41.9%US$159.8m
CDE Coeur Mining
1.2x9.8%US$935.3m

Price-To-Sales vs Peers: CDE is good value based on its Price-To-Sales Ratio (1.2x) compared to the peer average (1.5x).


Price to Earnings Ratio vs Industry

How does CDE's PE Ratio compare vs other companies in the US Metals and Mining Industry?

Price-To-Sales vs Industry: CDE is expensive based on its Price-To-Sales Ratio (1.2x) compared to the US Metals and Mining industry average (1.2x)


Price to Sales Ratio vs Fair Ratio

What is CDE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CDE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.2x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: CDE is good value based on its Price-To-Sales Ratio (1.2x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).


Share Price vs Fair Value

What is the Fair Price of CDE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CDE ($3.33) is trading below our estimate of fair value ($10.46)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Coeur Mining forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


87.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: CDE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CDE is expected to become profitable in the next 3 years.

Revenue vs Market: CDE's revenue (9.8% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: CDE's revenue (9.8% 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 (9.8%).


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Past Performance

How has Coeur Mining performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-10.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CDE is currently unprofitable.

Growing Profit Margin: CDE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CDE is unprofitable, and losses have increased over the past 5 years at a rate of 10.8% per year.

Accelerating Growth: Unable to compare CDE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CDE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93%).


Return on Equity

High ROE: CDE has a negative Return on Equity (-15.78%), as it is currently unprofitable.


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Financial Health

How is Coeur Mining's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CDE's short term assets ($379.6M) exceed its short term liabilities ($241.1M).

Long Term Liabilities: CDE's short term assets ($379.6M) do not cover its long term liabilities ($762.1M).


Debt to Equity History and Analysis

Debt Level: CDE's net debt to equity ratio (37.6%) is considered satisfactory.

Reducing Debt: CDE's debt to equity ratio has increased from 31.5% to 56.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CDE has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CDE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.7% each year


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CDE has not reported any payouts.


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Management

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

4.5yrs

Average management tenure


CEO

Mitch Krebs (50 yo)

11.08yrs

Tenure

US$3,703,859

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 ($USD3.70M) is about average for companies of similar size in the US market ($USD3.86M).

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 considered experienced (4.5 years average tenure).


Board Members

Experienced Board: CDE's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 9.3%.


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
  • Implied Market Cap: US$935.289m
  • Shares outstanding: 280.87m
  • 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 Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.