Coeur Mining Surges 4.70% on $180M Volume as Silver Output Jumps 79% Post-Acquisition Amid Sector Headwinds

Coeur Mining (CDE) surged 4.70% on August 29, 2025, with a trading volume of $0.18 billion. The rally followed the company’s acquisition of SilverCrest Metals in February, which integrated high-grade, low-cost operations and boosted Q2 silver production by 79% year-over-year to 4.7 million ounces. Gold output also rose 38% to 108,487 ounces, driven by contributions from all five North American operations and the newly acquired Las Chispas mine in Mexico. The acquisition improved Coeur’s cost and margin profile, with 40% of revenue now derived from silver.

Financially, Coeur reduced its net leverage ratio to 0.4X by the end of Q2 and launched a stock repurchase program. The company remains on track to meet 2025 production guidance of 16.7–20.3 million ounces of silver and 380,000–440,000 ounces of gold. Analysts highlight the strategic shift toward lower-cost, higher-margin assets as a key driver of performance, supported by robust cash flow generation and debt reduction efforts.

Zacks data shows Coeur’s trailing four-quarter earnings surprise averaged 126.5%, with a consensus estimate for 2025 earnings rising 21% over the past 90 days. The stock’s 119.5% year-to-date gain underscores strong investor confidence in its operational and financial turnaround. However, the non-ferrous metals sector faces broader challenges, including volatile metal prices and supply-demand imbalances, which could test Coeur’s growth trajectory in the near term.

The backtesting results indicate that Coeur’s Q2 2025 performance included record financial results, with double-digit production increases and the extinguishment of its revolver. The company also initiated a stock repurchase program and reaffirmed full-year production and cash costs guidance, reflecting disciplined capital management and operational efficiency.