Street Calls of the Week
Investing.com -- Shares of Coeur Mining Inc (NYSE:CDE) jumped 5.2% in after-hours trading on Thursday after the precious metals producer reported first-quarter results that beat analyst expectations and reaffirmed its full-year 2025 guidance.
The Chicago-based company posted adjusted earnings of $0.11 per share for the quarter, significantly above the analyst consensus estimate of a $0.01 per share loss. Revenue came in at $360 million, surpassing Wall Street’s forecast of $309.6 million.
Coeur’s strong performance was driven by higher production and realized metal prices. Silver production rose 44% YoY to 3.7 million ounces, while gold output increased 7% to 86,766 ounces. The company benefited from average realized prices of $2,635 per gold ounce and $32.05 per silver ounce in Q1.
"Coeur’s balanced portfolio of five North American operations had a solid first three months of the year, which puts us in a strong position to deliver record operational and financial results in 2025," said Mitchell J. Krebs, Chairman, President and CEO.
The company generated positive free cash flow of $18 million in Q1, despite approximately $130 million of one-time and quarter-specific outlays. Adjusted EBITDA jumped to $149 million, up 28% from the previous quarter.
Coeur reaffirmed its full-year 2025 production guidance of 380,000 - 440,000 ounces of gold and 16.7 - 20.3 million ounces of silver. The company expects to generate average quarterly free cash flow of $75 to $100 million for the remainder of the year.
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