Coeur Mining Posts Excellent Profits in Last Trading Session

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Coeur Mining ($NYSE:CDE) Inc. is a precious metals mining company with operations in the United States, Mexico and Bolivia. The company posted excellent profits in the last trading session with 4.83 million shares traded. The company is also one of the lowest-cost gold producers in North America.

The strong performance was driven by better-than-expected earnings and increased guidance for the rest of the year. The company has a strong balance sheet and is well-positioned to benefit from higher prices for gold and silver.

Stock Price

On Monday, COEUR MINING stock opened at $3.9 and closed at $3.8, down by 1.6% from prior closing price of 3.9. This is positive news for the company, and media coverage has been mostly positive as a result.

VI Analysis

Coeur Mining is a precious metals mining company with operations in the United States, Mexico, and Bolivia. The company’s fundamentals reflect its long-term potential, and its VI Star Chart indicates that it is strong in cash flow, medium in asset quality, and weak in dividend, growth, and profitability. Coeur Mining has an intermediate health score of 6/10 with regard to its cash flows and debt, and is classified as an “elephant” company, meaning it is rich in assets after deducting off liabilities. Investors interested in Coeur Mining may be looking for a company with good long-term prospects and a strong balance sheet.

VI Peers

The company operates mines and projects in the United States, Mexico, Bolivia, and Argentina. The company’s primary competitors in the gold mining industry are Mining Global Inc, Hochschild Mining PLC, and Metals Exploration PLC.

– Mining Global Inc ($OTCPK:MNGG)

Mining Global Inc is a Canadian company that is engaged in the business of mineral exploration and development. The company has a market capitalization of 5.78 million as of 2022 and a return on equity of 3.18%. Mining Global Inc is focused on the exploration and development of gold and silver projects in the Americas. The company’s primary asset is the San Juan Silver Property, located in the San Juan Mountains of Colorado, USA.

– Hochschild Mining PLC ($LSE:HOC)

Hochschild Mining PLC is a precious metals mining company with a focus on silver production. The company has a market capitalization of 298.56 million as of 2022 and a return on equity of 6.23%. Hochschild Mining PLC operates mines in Peru, Mexico, and Argentina. The company was founded in 1911 and is headquartered in London, the United Kingdom.

– Metals Exploration PLC ($LSE:MTL)

Metals Exploration PLC is a UK-based company engaged in the exploration, development, and production of minerals, primarily gold. The company has a market capitalization of 17.23 million as of 2022 and a return on equity of 130.94%. Metals Exploration is focused on the development of its flagship property, the Runruno Gold-Molybdenum Project in the Philippines. The company also has several other exploration projects in the Philippines, as well as in Papua New Guinea, Indonesia, and Fiji.

Summary

Coeur Mining is a publicly traded company focused on the mining and exploration of precious metals. The company has operations in the United States, Mexico, Bolivia, and Argentina. The company has a strong balance sheet and is well-positioned to weather the current market conditions.