Coeur Mining Inc Dossier
|
SectorMaterials IndustryGold Beta (adjusted)1.23 Intrinsic Value $31.48median of 6 methods · middle span $20-$92based on filings through 30 Jun 2026 Market Price $17.56Price as of 1 Oct 2026 Significantly undervaluedIntrinsic value is 79% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% marker beyond scale (+79%) Data confidence Sign in to view data confidence Market Cap $18.1B Enterprise Value $17B Shares Outstanding 899.7M diluted Moat Rating None Next Earnings Date28 Oct 2026 Last ex-dividend22 May 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Coeur offers leveraged exposure to gold, silver and copper through seven North American operations, with the New Gold acquisition materially enlarging its production and cash-generation platform. Record second-quarter results, a net-cash position and active capital returns support the positive view. The principal qualification is execution: slower C-Zone and Rainy River underground ramp-ups caused reductions to gold and copper guidance and increases to expected costs and capital spending. The recommendation therefore depends on visible second-half operating improvement rather than commodity-price appreciation alone. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$18.00 Mean target$23.32 High · most bullish analyst$35.00 Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $18.0020% Further ramp delays, production below the updated 630,000-ounce gold guidance floor, elevated costs or weaker gold and silver prices would reduce expected cash generation and undermine the acquisition-led re-rating. Base CaseCentral scenario $23.3255% Matches the consensus meanThe base case assumes Coeur delivers near management's stated approximately 690,000-ounce gold, 20-million-ounce silver and 45-million-pound copper expectations, while New Afton reaches 16,000 tonnes per day in early Q4 and Rainy River approaches 5,000 tonnes per day by year-end. Bull CaseUpside scenario $35.0025% A faster second-half ramp at New Afton and Rainy River, delivery near the upper end of updated production guidance, and sustained strong precious-metal prices would support approximately $1.5 billion of full-year free cash flow, further cash accumulation and continued repurchases. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |