Why Coeur Mining, Inc. (CDE) Soared On Friday
From Yahoo Finance: 2025-05-09 19:56:00
On Friday, Coeur Mining, Inc. (CDE) saw its stock price soar by 12.48% to $7.84 per share due to strong first-quarter earnings. The company reported a net income of $33.4 million, up from a $29.1 million loss last year, with revenues rising by 69% to $360.1 million.
Coeur Mining, Inc. (CDE) expects to produce 95,000 to 105,000 ounces of gold and 5.4 million to 6.5 million ounces of silver in 2025. The company plans to spend between $26 million and $32 million on sustaining capital and underground development for the year.
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