Coeur Mining

CDE · NYSE

$15.13−$0.20 (−1.30%)TodayMarket closed · Oct 20, 7:58 PM ET

Prev close $15.33

CDE analyst rating

BuyConsensus of 6 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy6
Hold0
Underperform0
Sell0

12-month price target · 13 analysts

Average $24.79 (+63.9% upside)

Low: $18.18
Now: $15.13
High: $36.75

Upgrades and downgrades

The latest rating actions, newest first

CDE analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Scotiabank	Aug 7, 2026	Maintains	Sector Outperform	$28.50 → $26.50	25%
Scotiabank	Jul 14, 2026	Maintains	Sector Outperform	$27.50 → $28.50	25%
Scotiabank	Jun 12, 2026	Initiates	Sector Outperform	$27.50	25%
Canaccord Genuity	Apr 29, 2026	Upgrade	Hold → Buy	$26.00	22%
CIBC	Mar 10, 2026	Initiates	Outperformer	$40.00	—
Canaccord Genuity	Feb 20, 2026	Downgrade	Buy → Hold	$26.50 → $26.00	22%
RBC Capital	Feb 12, 2026	Maintains	Outperform	$22.00 → $26.00	49%
Roth Capital	Dec 15, 2025	Maintains	Buy	$20.00 → $23.00	44%
TD Securities	Nov 11, 2025	Maintains	Buy	$23.00 → $25.00	40%

The case for and against

Updated Jan 26, 2026

Bull case

Coeur Mining Inc. exhibited a robust operational performance in Q2, with gold production reaching 108.5 koz and silver production totaling 4.7 Moz, surpassing forecasts and significantly increasing from Q1 levels. The company's financial health improved markedly during the same period, as it fully repaid its $110 million revolving credit facility, increased its treasury by $34 million to $112 million, and reduced its net leverage ratio from 0.9x to 0.4x. Additionally, the successful execution of the Rochester expansion and positive exploration results are expected to further enhance financial multiples and overall company value.

Bear case

Coeur Mining Inc. has shown a significant decrease in its net leverage ratio, which has dropped to 0.4x from 0.9x just last quarter and from 2.9x a year ago, indicating an improving balance sheet position. However, the company faces potential risks as indicated by a projected downside scenario that assumes a 50% contraction in target price multiples from current levels, raising concerns about valuation sustainability. Additionally, despite a decline in per-ounce cash costs due to strong production, the overall financial outlook remains pressured, suggesting vulnerabilities that could hinder future growth.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.