Coeur Mining: A Bit of Sparkle (and Maybe a Gamble)

by

Right, let’s talk Coeur Mining (CDE +7.07%). Honestly, tracking this stock is like trying to predict what I’ll order for dinner – wildly optimistic one minute, regretting everything the next. It’s been a week, I tell you. Up, down, a little wobble… today it’s having a moment, up 7.1% as of this morning. A moment. Let’s see if it lasts.

Gold and Silver: The Usual Suspects

Turns out, the reason for today’s little lift is… gold. Shocking, I know. It had its dramatic peak on January 28th – $5,419.80 an ounce, can you believe the audacity? – then promptly decided it was all a bit much and dipped down to nearly $4,500 in February. TradingEconomics.com has the receipts, if you’re into that sort of thing. It’s clawed its way back above $5,000 – currently sitting at $5,015 – which, let’s be honest, feels less like a recovery and more like a temporary reprieve.

Silver’s been playing the same game. Peaked at $116.58, tumbled to $66, bounced back, then took another hit yesterday. Currently up a modest 0.7%, inching towards $78. It’s all a bit exhausting, isn’t it? Like watching a particularly indecisive friend try to choose an outfit.

So, yeah, gold and silver are up, Coeur Mining is up. It’s… logical. I suppose. Don’t ask me to explain market forces, I just move the numbers around. Mostly.

Loading widget...

Is Coeur a Buy? (Don’t Ask Me for Financial Advice)

What’s next for this little rollercoaster? Well, RBC Capital thinks it could go higher. They’ve raised their price target to $26, citing the recent acquisition of New Gold and… “high near-term free cash flow.” Sounds promising, doesn’t it? Although, let’s be real, analysts say a lot of things. They’re paid to be optimistic.

Coeur’s already generating a decent amount of free cash flow – nearly $370 million over the last 12 months, which backs up 90% of their reported $409 million in net earnings. Not bad. And analysts polled by S&P Global Market Intelligence think they could pull in over $2.3 billion this year, pushing the price-to-free cash flow ratio below 6.0.

Sounds… cheap. Honestly, it does. But cheap can quickly become a different kind of expensive, can’t it? I’m looking at this and thinking… well, it’s a gamble. Aren’t they all? I might just take a little piece. Don’t tell my accountant.

Read More

2026-02-13 20:02