NYSE:CDE

Stock Analysis Report

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Executive Summary

Coeur Mining, Inc. explores for, develops, and produces gold, silver, zinc, and lead properties.


Snowflake Analysis

Adequate balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Coeur Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CDE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.5%

CDE

3.0%

US Metals and Mining

3.8%

US Market


1 Year Return

61.8%

CDE

7.9%

US Metals and Mining

9.7%

US Market

Return vs Industry: CDE exceeded the US Metals and Mining industry which returned 8.7% over the past year.

Return vs Market: CDE exceeded the US Market which returned 9.2% over the past year.


Shareholder returns

CDEIndustryMarket
7 Day-8.5%3.0%3.8%
30 Day29.6%5.6%11.4%
90 Day18.5%7.7%6.8%
1 Year61.8%61.8%10.6%7.9%12.1%9.7%
3 Year-46.0%-46.0%5.2%-1.6%36.2%27.2%
5 Year-3.1%-3.1%24.9%14.3%63.7%45.4%

Price Volatility Vs. Market

How volatile is Coeur Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

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 ($5.21) is trading below our estimate of fair value ($51.31)

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


Price To Earnings Ratio

PE vs Industry: CDE is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: CDE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CDE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CDE is overvalued based on its PB Ratio (1.9x) compared to the US Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

71.5%

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 (2.2%).

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's is expected to become profitable in the next 3 years.

Revenue vs Market: CDE's revenue (14.9% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: CDE's revenue (14.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CDE's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Coeur Mining performed over the past 5 years?

54.1%

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, but has reduced losses over the past 5 years at a rate of 54.1% 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 (-12.4%).


Return on Equity

High ROE: CDE has a negative Return on Equity (-50.54%), as it is currently unprofitable.


Next Steps

Financial Health

How is Coeur Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CDE's short term assets ($221.7M) exceed its short term liabilities ($138.1M).

Long Term Liabilities: CDE's short term assets ($221.7M) do not cover its long term liabilities ($550.3M).


Debt to Equity History and Analysis

Debt Level: CDE's debt to equity ratio (41.9%) is considered high.

Reducing Debt: CDE's debt to equity ratio has reduced from 88.9% to 41.9% 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: Whilst unprofitable CDE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CDE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.6% per year.


Next Steps

Dividend

What is Coeur Mining's 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?

5.4yrs

Average management tenure


CEO

Mitch Krebs (47yo)

8.92yrs

Tenure

US$3,477,635

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 ($USD3.48M) is about average for companies of similar size in the US market ($USD4.72M).

Compensation vs Earnings: Mitch's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Mitchell Krebs
President8.92yrsUS$3.48m0.49% $6.3m
Thomas Whelan
Senior VP & CFO1.42yrsUS$1.53m0.12% $1.5m
Casey Nault
Senior VP8.17yrsUS$1.59m0.16% $2.1m
Emilie Schouten
Senior Vice President of Human Resources4.08yrsUS$1.11m0.053% $684.7k
Hans Rasmussen
Senior Vice President of Exploration6.75yrsUS$1.12m0.14% $1.8m
Michael Routledge
Senior VP & COOno datano datano data
Kenneth Watkinson
VP, Corporate Controller & Chief Accounting Officer2.42yrsno data0.023% $294.8k
Paul DePartout
Director of Investor Relationsno datano datano data
Alim Visram
VP of Corporate Developmentno datano datano data
Terrence F. Smith
Senior VP & Chief Development Officerno datano data0.073% $936.9k

5.4yrs

Average Tenure

47yo

Average Age

Experienced Management: CDE's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitchell Krebs
President8.92yrsUS$3.48m0.49% $6.3m
Robert Mellor
Independent Non-Executive Chairman8.92yrsUS$340.00k0.070% $895.7k
James Thompson
Independent Director18.42yrsUS$200.00k0.073% $937.4k
John Robinson
Independent Director22.42yrsUS$205.00k0.059% $755.4k
Eduardo Arellano
Independent Director2.33yrsUS$180.00k0.019% $241.6k
Linda Adamany
Independent Director7.25yrsUS$205.00k0.053% $674.3k
Sebastian Edwards
Independent Director13.42yrsUS$180.00k0.046% $584.1k
Randolph Gress
Independent Director7.08yrsUS$180.00k0.065% $828.3k
Brian Sandoval
Independent Director1.25yrsUS$171.52k0.016% $205.2k
Jessica McDonald
Independent Director2.33yrsUS$180.00k0.012% $149.2k

8.1yrs

Average Tenure

66yo

Average Age

Experienced Board: CDE's board of directors are considered experienced (8.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CDE 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 18.7%.


Top Shareholders

Company Information

Coeur Mining, Inc.'s company bio, 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$1.281b
  • Shares outstanding: 243.54m
  • Website: https://www.coeur.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CDM1DB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972
CDM1XTRA (XETRA Trading Platform)YesCommon StockDEEURDec 1972
CDENYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
CDESWX (SIX Swiss Exchange)YesCommon StockCHCHFDec 1972
0R0ULSE (London Stock Exchange)YesCommon StockGBUSDDec 1972
CDM1ETLX (Eurotlx)YesCommon StockITEURDec 1972
CDEWBAG (Wiener Boerse AG)YesCommon StockATEURDec 1972
CDEBASE (Buenos Aires Stock Exchange)CEDEAR EA REP 1 COM STK USD1.00ARARSMay 2011

Biography

Coeur Mining, Inc. explores for, develops, and produces gold, silver, zinc, and lead properties. The company holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 112,520 net acres located in Mexico; the Rochester silver and gold mine covers an area of approximately 16,494 net acres situated in Nevada; the Kensington gold mine comprising 12,336 net acres located in Alaska; the Wharf gold mine covering an area of approximately 7,852 net acres situated in South Dakota; and the Silvertip silver-zinc-lead mine comprising 90,156 net acres located in British Columbia, Canada. It also owns interests in the Sterling gold project and the Crown Block of deposits located in the Walker Lane trend in Nevada; and the La Preciosa silver-gold exploration project located in the State of Durango, Mexico. The company markets its concentrates to third-party refiners and smelters in the United States, Switzerland, and Japan. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013. Coeur Mining, Inc. was founded in 1928 and is headquartered in Chicago, Illinois. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 04:41
End of Day Share Price2020/06/05 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.