Coeur Mining Inc. (NYSE:CDE) soars to new record high on Thursday, with shares rallying for a fourth consecutive day after impressive earnings performance in the second quarter. Net income expands by 4,950% to $70.7 million, consolidated revenues more than double due to significant increases in gold and silver sales.
Chairman, President, and CEO Mitchell J. Krebs expresses optimism for the second half of the year, expecting higher gold and silver production levels. Coeur Mining Inc. (NYSE:CDE) reaffirms 2025 production and cost guidance, positioning for over $800 million of adjusted EBITDA and over $400 million of free cash flow in 2025.
While Coeur Mining (CDE) shows potential as an investment, some believe AI stocks offer greater promise. An analysis suggests that certain AI stocks may deliver higher returns with limited downside risk. For those interested in an inexpensive AI stock benefiting from Trump tariffs and onshoring, a free report on the best short-term AI stock is available.
Read more at Yahoo Finance: Coeur Mining (CDE) Soares to New High on Earnings Goldmine