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CDE $19.31 +2.66%
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CDE · Coeur Mining, Inc.

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$19.31 +0.50 (+2.66%) At close · Aug 17
Market Cap
$20.15B
Shares
1.03B
All earnings calls

Earnings call · FY2024 Q3

Coeur Mining, Inc. Q3 FY2024 Earnings Call

Coeur Mining, Inc. Q3 FY2024 Earnings Call

Concluded Nov 7, 2024
Nov 7, 2024 19 turns
Period
FY2024 Q3
Runtime
Sources
3 artifacts

Executive readout · one minute

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Rochestone expansion and optimization 24 Free cash flow inflection and deleveraging 21 Kensington turnaround 20 Silvercrest acquisition and Las Chispas integration 15 Wharf record production and exploration 10 Palmarejo operations and Hidalgo portal 5

Management tone

Confident

Net tone +85 · low hedging

Grounding quotes
  • “This Goldilocks environment led to double-digit quarter and year-over-year increases and multiyear highs in free cash flow, new revenue, and adjusted EBITDA.”
  • “Coeur's strongest quarterly results in over a decade.”
  • “Rochester achieved its key operational metrics during the third quarter and remains on track to achieve its full-year guidance ranges.”
  • “Gold production of nearly 34,000 ounces set an all-time record high in the mine's 42-year history, generating quarterly free cash flow of $49 million and bringing the year-to-date free cash flow total to $75 million.”

Research coverage

3 live sources

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Revenue $313.48M +61.1% YoY
Diluted EPS $0.12
Net income $48.74M

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Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Gold$223.77M +60.4% YoY
Product Silver$89.70M +62.9% YoY
Full-screen source Call document