NYSE:CDE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.


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


Market Performance


7 Day Return

7.0%

CDE

0.7%

US Metals and Mining

1.0%

US Market


1 Year Return

-3.7%

CDE

-7.8%

US Metals and Mining

8.0%

US Market

Return vs Industry: CDE underperformed the US Metals and Mining industry which returned -7.8% over the past year.

Return vs Market: CDE underperformed the US Market which returned 8% over the past year.


Shareholder returns

CDEIndustryMarket
7 Day7.0%0.7%1.0%
30 Day-15.8%-3.1%-0.07%
90 Day6.1%-7.5%-1.0%
1 Year-3.7%-3.7%-5.0%-7.8%10.4%8.0%
3 Year-55.5%-55.5%9.4%3.7%46.2%36.7%
5 Year16.4%16.4%-1.2%-8.7%64.3%46.2%

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?

1.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CDE ($4.89) is trading above our estimate of fair value ($0.8)

Significantly Below Fair Value: CDE is trading above our estimate of fair value.


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 good value based on its PB Ratio (1.3x) compared to the US Metals and Mining industry average (1.4x).


Next Steps

Future Growth

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

102.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CDE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CDE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CDE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CDE's revenue (13% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: CDE's revenue (13% 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 (0%).


Next Steps

Past Performance

How has Coeur Mining performed over the past 5 years?

62.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CDE is unprofitable, but has reduced losses over the past 5 years at a rate of 62.5% 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 (26.8%).


Return on Equity

High ROE: CDE has a negative Return on Equity (-13.5%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: CDE is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CDE is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Coeur Mining's financial position?


Financial Position Analysis

Short Term Liabilities: CDE's short term assets ($219.8M) exceeds its short term liabilities ($210.2M)

Long Term Liabilities: CDE's short term assets (219.8M) do not cover its long term liabilities (620.6M)


Debt to Equity History and Analysis

Debt Level: CDE's debt to equity ratio (35.4%) is considered satisfactory

Reducing Debt: CDE's debt to equity ratio has increased from 27.6% to 35.4% over the past 5 years.


Balance Sheet

Inventory Level: CDE has a high level of physical assets or inventory.

Debt Coverage by Assets: CDE's debt is not covered by short term assets (assets are 0.7x debt).


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: Insufficient data to determine if CDE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.6%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Coeur Mining's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Mitch Krebs (47yo)

8.3yrs

Tenure

US$3,201,486

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 ($USD3.20M) is about average for companies of similar size in the US market ($USD2.67M).

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


Management Age and Tenure

3.4yrs

Average Tenure

47yo

Average Age

Experienced Management: CDE's management team is considered experienced (3.4 years average tenure).


Board Age and Tenure

7.4yrs

Average Tenure

66yo

Average Age

Experienced Board: CDE's board of directors are considered experienced (7.4 years average tenure).


Insider Trading

Insider Buying: CDE insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$54,21314 Aug 19
Kenneth Watkinson
EntityIndividual
Role
Chief Accounting Officer
VP, Corporate Controller & Chief Accounting Officer
Shares9,891
Max PriceUS$5.48
BuyUS$71,00003 Jun 19
Thomas Whelan
EntityIndividual
Role
Chief Financial Officer
Senior VP & CFO
Shares25,000
Max PriceUS$2.84
BuyUS$5,24523 May 19
Brian Sandoval
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,750
Max PriceUS$3.00
BuyUS$43,93521 May 19
James Thompson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares15,000
Max PriceUS$2.93
SellUS$35,82007 Mar 19
Hans Rasmussen
EntityIndividual
Shares7,500
Max PriceUS$4.78
BuyUS$4,89628 Feb 19
Robert Mellor
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares1,000
Max PriceUS$4.90
SellUS$9,06017 Dec 18
Sebastian Edwards
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,368
Max PriceUS$3.83
BuyUS$3,92717 Dec 18
Robert Mellor
EntityIndividual
Role
Chairman of the Board
Non-Executive Chairman
Shares1,000
Max PriceUS$3.93
BuyUS$20,18026 Nov 18
James Thompson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$4.04
BuyUS$24,79007 Nov 18
James Thompson
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$4.96

Ownership Breakdown


Management Team

  • Mitch Krebs (47yo)

    President

    • Tenure: 8.3yrs
    • Compensation: US$3.20m
  • Casey Nault (47yo)

    Senior VP

    • Tenure: 7.5yrs
    • Compensation: US$1.41m
  • Paul DePartout

    Director of Investor Relations

    • Tenure: 0yrs
  • Robyn Koyner

    Vice President

    • Tenure: 3.4yrs
  • Terry Smith (43yo)

    Senior Vice President of Operations

    • Tenure: 0.9yrs
  • Tom Whelan (49yo)

    Senior VP & CFO

    • Tenure: 0.8yrs
  • Emilie Schouten (40yo)

    Senior Vice President of Human Resources

    • Tenure: 3.4yrs
    • Compensation: US$703.92k
  • Ken Watkinson (50yo)

    VP, Corporate Controller & Chief Accounting Officer

    • Tenure: 1.8yrs
  • Alim Visram

    VP of Corporate Development & Treasurer

    • Tenure: 0yrs

Board Members

  • Robert Mellor (75yo)

    Non-Executive Chairman

    • Tenure: 8.3yrs
    • Compensation: US$340.00k
  • Ken Thompson (67yo)

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: US$192.50k
  • John Robinson (68yo)

    Independent Director

    • Tenure: 21.8yrs
    • Compensation: US$200.00k
  • Mitch Krebs (47yo)

    President

    • Tenure: 8.3yrs
    • Compensation: US$3.20m
  • Eduardo Arellano (74yo)

    Independent Director

    • Tenure: 1.7yrs
    • Compensation: US$185.00k
  • Linda Adamany (67yo)

    Independent Director

    • Tenure: 6.6yrs
    • Compensation: US$202.50k
  • Sebastian Edwards (65yo)

    Independent Director

    • Tenure: 12.8yrs
    • Compensation: US$180.00k
  • Randolph Gress (63yo)

    Independent Director

    • Tenure: 6.4yrs
    • Compensation: US$180.00k
  • Brian Sandoval (55yo)

    Independent Director

    • Tenure: 0.6yrs
  • Jessica McDonald (50yo)

    Independent Director

    • Tenure: 1.7yrs
    • Compensation: US$185.00k

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$1.178b
  • Shares outstanding: 240.84m
  • 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
CDENYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
CDESWX (SIX Swiss Exchange)YesCommon StockCHCHFDec 1972
0R0ULSE (London Stock Exchange)YesCommon StockGBUSDDec 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. It holds interests in the Palmarejo gold and silver complex located in Mexico; the Rochester silver and gold ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:04
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.