Coeur Mining, Inc. (CDE)
NYSEMaterialsGoldSnapshot 2026-09-09
$21.00+1.65%
Close 2026-09-09 · 1-day change
NYSEMaterialsGoldSnapshot 2026-09-09
Intact: The reason to own it still holds.
Coeur Mining plans to spend up to $337 million on capital projects in 2026. It aims to return cash to shareholders with a $750 million buyback program and a $0.02 per share dividend. The stock trades at a low price-to-earnings ratio of 14.07, below peers. Analysts expect revenue growth of about 81% next year.
The recent sharp selloff shows investor concerns despite no thesis-breaking news. Earnings estimates have been revised down slightly. Capital spending and dividends may not drive enough growth or returns. The gold sector faces headwinds that could pressure margins and cash flow.
The price is about 26% below our fair value near $22 and 10% below the Street median target of $24.5. The market expects strong revenue growth of 81%, but our fair value is more conservative. The recent selloff reflects risk despite decent valuation.
Breaks if: Capital expenditures exceed $337 million in FY26
Breaks if: Dividend falls below $0.02 per share in FY26
Breaks if: EPS falls below $0.02 per share in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
CDE is positioned as a cyclical investment within the Materials sector. The current thesis state reflects a strong recent financial performance, but management's volatility and high risk create uncertainty.
The market currently reflects a low expectations gap, indicating that CDE's valuation is aligned with peers. The stock is not seen as fragile, suggesting that recent performance is justified.
CDE's fundamentals are likely to show continued strong performance, with management focused on enhancing capital returns and ramping up production from recent acquisitions. However, there is a near-term risk of missing earnings expectations, given the high miss probability in the industry.
The future of CDE hinges on management's ability to meet production targets and maintain guidance. Additionally, inflation trends and the performance of sector bellwethers will be crucial for momentum.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The company achieved record production and financial results. However, it also reported a significant earnings miss. This mixed outcome affects the overall read on the company.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Coeur Mining has expanded its share repurchase program to $750 million.
Breaks if: Repurchases fall below $69.7 million in 2026-Q1
Coeur Mining has expanded its share repurchase program to $750 million.
Over the next 1 to 3 years, CDE's performance will depend on execution and external economic factors. Not investment advice.