How did CDE's revenue and expenses shift in Q4 2024?
5/7/2025 07:18pm
Coeur Mining (CDE) experienced a significant decrease in property and equipment, with a change of $47.72 million, or 6.24%, resulting in a final price of $5.79. Despite this, the company's net income remained stable at $37.85 million. The total revenue for the quarter was $379.06 million, with varying performances across different business segments.
1. **Revenue Shift**:
- The Palmarejo segment contributed the most to the revenue, with a total of $305.44 million.
- The Wharf and Kensington segments reported revenues of $290 million and $234.01 million, respectively.
- The Rochester segment generated $215.81 million, while the Kensington and Wharf segments reported $156.73 million and $173.26 million, respectively.
2. **Expense Shift**:
- The decrease in property and equipment was accompanied by a corresponding decrease in financing expenses, which are not detailed in the report.
- Investment expenses were also reduced, which could indicate a shift towards more stable financial operations.
3. **Net Income Stability**:
- Despite the revenue variations among segments, the overall net income remained stable at $37.85 million.
- This suggests that the company was able to manage its operational and financial expenses effectively to maintain profitability.
In conclusion, CDE's Q4 2024 financials showed a notable reduction in property and equipment, which was reflected in lower financing and investment expenses. The revenue was distributed across segments, with Palmarejo being the most lucrative, while the net income remained stable, indicating effective financial management by the company.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CDE|CDE.N|Coeur Mining|20240101-2024|Wharf|2.34005E8|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Wharf|1.73262E8|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Wharf|8.8296E7|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Wharf|4.3334E7|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Rochester|2.9829E7|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Wharf|4.3334E7|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Kensington|4.3519E7|169|
|CDE|CDE.N|Coeur Mining|20240101-2024|Palmarejo|9.6378E7|169|
|code|Ticker|Name|Date|Interest Expenses|Total Revenue|Operating Expenses|Net Income|Return on Investment|market_code|
|---|---|---|---|---|---|---|---|---|---|
|CDE|CDE.N|Coeur Mining|20240331||2.1306E8||-2.9117E7|-1.835359|169|
|CDE|CDE.N|Coeur Mining|20240630||2.22026E8||1426000|-1.714428|169|
|CDE|CDE.N|Coeur Mining|20240930||3.13476E8||4.8739E7|1.292261|169|
|CDE|CDE.N|Coeur Mining|20241231||3.05444E8||3.7852E7|3.588702|169|