earnings
confidence high
sentiment neutral
materiality 0.75
Coeur Mining Q1 revenue $213M, net loss $0.08/sh; Rochester achieves commercial production
Coeur Mining, Inc.
2024-Q1 EPS reported
-$0.08
revenue$213,060,000
- Revenue $213M (+14% YoY); GAAP net loss from continuing ops $29M ($0.08/sh); adjusted net loss $19M ($0.05/sh).
- Adjusted EBITDA $44M (+76% YoY); operating cash flow $(16)M; free cash flow $(58)M.
- Gold production 80,744 oz (+17% YoY); silver 2.6M oz (+4% YoY).
- Rochester expansion completed; commercial production achieved March 31, 2024; ramp to 88k tpd on track by Q2 end.
- Full-year 2024 guidance reaffirmed; total liquidity ~$213M including $67M cash; total debt $586M.