earnings
confidence high
sentiment neutral
materiality 0.75
Coeur Q3 revenue $195M (+10% QoQ); Rochester expansion complete; gold guidance narrowed
Coeur Mining, Inc.
2023-Q3 EPS reported
-$0.24
revenue$559,116,000
- Revenue $195M (+10% QoQ); GAAP net loss $21M ($0.06/sh); adj. net loss $19M ($0.05/sh).
- Adjusted EBITDA $31M (+38% QoQ); gold production 78,617 oz (+15% QoQ).
- Rochester expansion complete; Oct production 537k oz Ag, 8,050 oz Au (>2x monthly avg).
- 2023 gold production guidance narrowed to 304k–342.5k oz; Kensington cut to 81k–85k oz.
- Liquidity $280M ($53M cash); hedging gains ~$20M YTD; debt $512M.