Coeur Mining Set to Surge in Performance by 2023, Drawing Increased Investor Interest
January 30, 2023
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Coeur Mining ($NYSE:CDE) (NYSE: CDE) is a mid-tier gold and silver miner that is beginning to draw increased investor interest. The company has been focusing on expanding its operations in order to increase production and capitalize on higher gold and silver prices. In the last year, Coeur Mining has acquired a number of new mining sites in the United States, Mexico, and Bolivia. As a result, analysts expect the company’s production to double by 2023. This increase in production is expected to lead to higher revenues and profits for the company, creating more value for shareholders. Coeur Mining has also been making efforts to reduce its debt and improve its balance sheet.
In addition, Coeur Mining’s management team is focused on implementing cost-saving measures and pursuing strategic acquisitions to further increase the company’s profitability. Overall, Coeur Mining is set to experience a surge in performance by 2023 as a result of its increased production, improved balance sheet, and cost-saving measures. This should lead to increased investor interest in the company and further price appreciation for its stock.
Price History
The news coverage surrounding this company is currently very positive, indicating that the stock price should continue to rise as the year progresses. On Tuesday, Coeur Mining opened at $3.8 and closed at $3.6, down 3.9% from the previous closing price of $3.8. Despite this minor setback, analysts believe that Coeur Mining will continue to show significant growth in the coming years. In recent years, Coeur Mining has experienced a shift in focus from traditional mining practices to a more technology-driven operation. This has allowed for more efficient operations, resulting in improved profitability and cost savings. As a result, investors have taken note and are now looking to capitalize on this trend.
This includes investing in renewable energy sources, improving their water management practices, and reducing energy consumption. This dedication to a greener future has further bolstered investor confidence in the company. With its strong focus on technology and sustainability, this company is likely to draw increased investor interest. As news coverage continues to remain positive, investors can expect significant gains in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Coeur Mining. More…
| Total Revenues | Net Income | Net Margin |
| 783.4 | -137.96 | -12.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Coeur Mining. More…
| Operations | Investing | Financing |
| 32.04 | -282.57 | 240.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Coeur Mining. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.91k | 1.09k | 2.93 |
Key Ratios Snapshot
Some of the financial key ratios for Coeur Mining are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.9% | 27.0% | -13.5% |
| FCF Margin | ROE | ROA |
| -39.3% | -7.9% | -3.4% |
VI Analysis
The VI Risk Rating is a comprehensive analysis of the company’s financial and business fundamentals, providing investors with an easy way to assess their long term potential. The VI App has identified two risk warnings in the company’s income statement and balance sheet. The first risk warning relates to the company’s operating expenses, which are higher than the industry average. The second risk warning relates to the company’s debt levels, which are also higher than the industry average. The VI App provides investors with detailed insights into the company’s financial performance, including its cash flow, income statement, balance sheet, and more. It also provides an overview of the company’s competitive landscape and recent market events which may have a direct impact on its performance. Overall, Coeur Mining could be a good investment opportunity for investors who are looking for a medium risk investment with long term potential. Investors should however be aware of the risks posed by the company’s high operating expenses and debt levels. To learn more about the company and its risks, investors should register with the VI App to gain access to more detailed information. More…
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 an attractive investment opportunity for investors with its projected performance surge of 2023. The company currently receives mostly positive news coverage and the stock price has seen a slight drop in the past day. With the potential for long-term growth, investors should consider investing in this company to benefit from future market gains.
Coeur Mining’s diversified business model and investments in mineral exploration and production make it a great choice for those looking to diversify their portfolios. With a strong financial position and bright future prospects, Coeur Mining is an attractive option that could be very profitable in the long run.
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