Coeur Mining Projects $1.5B Free Cash Flow in 2026, Adds Rainy River and New Afton
CDE sits 32% above its 52-week low of $13.55.
Summary
Coeur Mining forecasts about $1.5B in free cash flow for 2026, a substantial figure relative to its $18B market cap. The company plans to use the cash for reinvestment, shareholder returns, and balance-sheet flexibility, building on a $750M buyback announced in May with roughly $220M repurchased so far. The New Gold acquisition has closed, adding Rainy River and New Afton, and 2026 guidance now includes ~630k oz gold, 19M oz silver, and 40M lb copper. Development of the K-Zone at New Afton is underway to extend mine life, and a pre-feasibility study for Silvertip is progressing with a decision expected after year-end. This follows record Q2 results reported in August, where revenue hit $1.1B and operating cash flow reached $513M, though adjusted EPS missed consensus. The free cash flow projection and expanded asset base reinforce the company's growth trajectory, but the market will watch whether the $1.5B forecast holds given the Q2 earnings miss.
At the time of this announcement, CDE was trading at $17.85 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $18.2B. The 52-week trading range was $13.55 to $27.77. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.