NYSE$CDE
Coeur Mining Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Coeur's financial performance was mixed, with revenue impacted by temporary mine suspensions and exploration investment increased.
Coeur Mining reported a second quarter 2020 revenue of $154.2 million, impacted by the temporary suspension at Palmarejo, but is anticipating a strong second half of 2020 with Palmarejo back in production and strong performance from U.S. operations.
- Palmarejo mine was successfully restarted post-suspension.
- Construction is prepared to begin on upcoming expansion at Rochester.
- Kensington and Wharf had strong operating and financial results.
- Coeur continued its aggressive investment in exploration.
Headline financials
Revenue & EPS history
Coeur · Revenue · Quarterly
$154M
Revenue by segment
Coeur · $189M total across 2 segments · Q1 2022
- Gold Sales$130M-6.4%68.7%
- Silver Sales$59M-7.5%31.3%
Forward guidance
Coeur Mining provided full-year 2020 production and cost guidance for its Palmarejo, Rochester, Kensington, and Wharf operations, assuming metal prices of $1,650/oz gold and $16.50/oz silver.
Tailwinds
- Full-year 2020 gold production is expected to be 327,000 - 363,000 ounces.
- Full-year 2020 silver production is expected to be 9,500,000 - 11,500,000 ounces.
- Palmarejo's gold CAS is expected to be $785 - $885 per ounce.
- Rochester's gold CAS is expected to be $1,250 - $1,400 per ounce.
- Kensington's gold CAS is expected to be $900 - $1,000 per ounce.
Headwinds
- Palmarejo's silver CAS is expected to be $9.50 - $10.50 per ounce.
- Rochester's silver CAS is expected to be $12.75 - $14.00 per ounce.
- Wharf's gold CAS is expected to be $950 - $1,000 per ounce.
- Capital expenditures for sustaining projects are expected to be $70 - $85 million.
- Capital expenditures for development projects are expected to be $40 - $45 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-1.5%
Avg return
Earnings day
-3.4%
Avg return
5 days after
-2.6%
Avg return
30 days after
41%
28 / 68 earnings
Positive
+21.4%
Q1 2025
Best reaction
-19.6%
Q4 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -3.3% | +7.6% | -13.1% | |
| Q4 2025 | +6.2% | +9.7% | -21.8% | |
| Q3 2025 | -3.0% | -24.3% | -5.4% | |
| Q1 2025 | +21.4% | +33.3% | +63.5% | |
| Q4 2024 | -3.9% | -19.8% | -2.2% | |
| Q3 2024 | +8.6% | +5.4% | +9.6% | |
| Q2 2024 | +0.0% | +3.2% | -1.9% | |
| Q1 2024 | +6.0% | +13.7% | +27.2% | |
| Q4 2023 | +1.5% | -2.7% | +27.1% | |
| Q3 2023 | -6.8% | -14.5% | +28.1% | |
| Q2 2023 | -11.6% | -8.2% | -17.5% | |
| Q1 2023 | -3.1% | -6.5% | -12.1% | |
| Q4 2022 | -4.4% | -4.8% | +4.8% | |
| Q3 2022 | -10.9% | -17.1% | -22.9% | |
| Q2 2022 | +2.3% | +3.9% | -12.6% | |
| Q1 2022 | +0.5% | -10.1% | +8.3% | |
| Q4 2021 | -13.9% | -18.5% | -9.9% | |
| Q3 2021 | -9.5% | -0.6% | -16.4% | |
| Q2 2021 | +2.7% | -1.5% | -6.1% | |
| Q1 2021 | -13.5% | -8.2% | +9.4% | |
| Q4 2020 | -6.5% | +12.5% | +11.0% | |
| Q3 2020 | -10.4% | -5.0% | -8.3% | |
| Q2 2020 | -4.7% | -5.2% | +1.0% | |
| Q1 2020 | -12.5% | -11.8% | +32.1% | |
| Q4 2019 | +0.3% | -18.5% | -53.5% | |
| Q3 2019 | +3.0% | +5.3% | +29.3% | |
| Q2 2019 | +9.0% | +6.8% | -4.3% | |
| Q1 2019 | -10.2% | -6.4% | -21.3% | |
| Q4 2018 | +1.6% | -6.4% | -17.2% | |
| Q3 2018 | +1.6% | +7.8% | -18.7% | |
| Q2 2018 | -9.4% | -16.3% | -30.2% | |
| Q1 2018 | -2.9% | -9.6% | -1.9% | |
| Q4 2017 | -7.0% | -6.3% | -0.2% | |
| Q3 2017 | -10.6% | -8.0% | -8.0% | |
| Q2 2017 | -6.9% | -3.3% | -4.6% | |
| Q1 2017 | -3.1% | -3.2% | +8.7% | |
| Q4 2016 | -19.6% | -19.7% | -35.3% | |
| Q3 2016 | -1.9% | -1.4% | -15.8% | |
| Q2 2016 | +9.4% | +16.1% | +1.6% | |
| Q1 2016 | +4.8% | — | — | |
| Q4 2015 | +14.2% | — | — | |
| Q3 2015 | +5.2% | — | — | |
| Q2 2015 | -7.5% | — | — | |
| Q1 2015 | -2.7% | — | — | |
| Q4 2014 | -12.2% | — | — | |
| Q3 2014 | -1.6% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | -5.6% | — | — | |
| Q4 2013 | +2.7% | — | — | |
| Q3 2013 | -9.7% | — | — | |
| Q2 2013 | +12.4% | — | — | |
| Q1 2013 | -4.8% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | -14.2% | — | — | |
| Q2 2012 | +7.6% | — | — | |
| Q1 2012 | -6.8% | — | — | |
| Q4 2011 | -2.6% | — | — | |
| Q3 2011 | +8.1% | — | — | |
| Q2 2011 | +0.7% | — | — | |
| Q1 2010 | -3.6% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q4 2008 | +5.0% | — | — | |
| Q4 2010 | +5.0% | — | — | |
| Q3 2009 | +11.8% | — | — | |
| Q3 2010 | +11.8% | — | — | |
| Q4 2009 | -3.4% | — | — | |
| Q2 2009 | -3.4% | — | — | |
| Q2 2010 | -3.4% | — | — |
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