Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Earnings Routine +

Coeur Reports First Quarter 2026 Results

Coeur Mining Posts Record Earnings After New Gold Deal, But Stock Slips on Guidance Reaffirmation

By The Northwire Desk — AI Analysis May 06, 2026 · 16:30 CDE · 25.6 Coeur Mining, Inc.
Executive Summary
  • The most recent release (May 06, 2026) reports First Quarter 2026 financial results following the March 20, 2026 completion of the New Gold acquisition.
  • Revenue reached $856 million with a record quarterly adjusted EBITDA of $475 million.
  • Cash and cash equivalents surged to $843 million, an eleven-fold year-over-year increase.
  • Production increased: Gold up 11% (96,503 oz), Silver up 18% (4.4M oz).
  • Full-year 2026 production guidance for gold, silver, and copper was reaffirmed, not raised.
  • Financial policy updates from March were confirmed: $750 million share repurchase program expanded, inaugural dividend of $0.02 per share semiannually established.
  • New $1 billion revolving credit facility entered into during Q1.
  • Debt exchange for New Gold Senior Notes completed in April 2026 (96.45% acceptance).
Material Impact
  • The news confirms the successful financial integration of the New Gold assets but does not exceed previous expectations set at the March closing announcement.
  • Record EBITDA and cash balances are positive, yet the stock price has declined from April highs ($29.16) to current levels ($23.35), suggesting the market may have already priced in these synergies or is concerned about the high realized gold prices ($4,383/oz) sustainability.
  • Guidance reaffirmation indicates stability but lacks the upside catalyst required for a material re-rating at this stage.
  • The debt exchange completion removes immediate refinancing risk for the $385 million New Gold notes, stabilizing the capital structure.
CDE · Price
Company Overview
  • Coeur Mining is a senior precious metals producer following the acquisition of New Gold Inc.
  • Flagship Assets:
    • New Afton Mine (Canada): Contributed 715,000 oz Au resources in maiden K-Zone; expected to ramp throughput to 15 kt/d in H1 2026.
    • Rainy River Mine (Canada): Mine life extended to 2035; projected annual production of 287k oz Au.
    • Las Chispas (Mexico): Successfully integrated, noted for safety leadership and water stewardship investments.
  • The portfolio is now diversified across gold, silver, and copper with a focus on North American operations.
Read the original news release →

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