Coeur Mining Sees 77% Q3 Revenue Surge and Accelerates Deleveraging

CDECDE

Coeur Mining posted a 77% year-over-year revenue increase in Q3, driven by higher metal prices and balanced production across its five mines. The company’s rapid debt reduction has strengthened its financial position, contributing to a 236% total shareholder return over the past year.

1. Shares Surge 236% Over 12 Months

Coeur Mining’s stock has climbed 236% in the past year, driven by robust operational execution and a favorable metals price environment. The company’s share performance has outpaced both the NYSE Arca Gold Miners Index and the broader materials sector. Investors have rewarded consistent quarterly production growth and margin expansion, while shorter interest rate expectations have boosted precious metals sentiment.

2. Q3 Revenue Soars 77% on Strong Metal Prices

In the third quarter, Coeur reported a 77% year-over-year increase in revenues, fueled by higher average realized silver and gold prices. Revenue rose to $321 million compared with $181 million in the prior-year period. Production across the five wholly owned mines—including Las Chispas, Palmarejo, Rochester, Kensington and Wharf—remained balanced, with total gold equivalent ounces produced climbing 28% to 295,000 ounces.

3. Rapid Deleveraging Strengthens Balance Sheet

Over the last twelve months, Coeur has reduced net debt by $225 million through cash flow from operations and disciplined capital allocation. Net leverage is down to 1.1 times adjusted EBITDA, compared with 2.3 times at the end of 2024. The company expects full debt repayment by mid-2027, lowering interest expense by an estimated $15 million annually and positioning it for potential dividend initiation or share repurchases.

4. Upcoming Q4 and Full-Year 2025 Earnings Call

Coeur will release fourth-quarter and full-year 2025 results after market close on February 18, 2026, followed by a conference call on February 19 at 11:00 a.m. Eastern Time. Management, including CEO Mitchell Krebs and CFO Thomas Whelan, will discuss 2025 performance metrics, 2026 production guidance of 1.15 million gold equivalent ounces, and cost guidance, as well as updates on the Silvertip polymetallic project and exploration pipeline.

Sources

BZ