10 Unexpected Market Movers – What Propelled Double-Digit Gains?

4. Coeur Mining, Inc. (NYSE:CDE)

Coeur Mining saw its shares surge by 21.64 percent on Thursday to close at $6.97 apiece as investors cheered its strong earnings performance in the first quarter of the year.

In a statement, Coeur Mining, Inc. (NYSE:CDE) said it swung to a net income of $33.4 million from a $29.1 million net loss in the same period last year.

Revenues jumped by 69 percent to $360.1 million from $213.1 million year-on-year.

Amid the strong figures, Coeur Mining, Inc. (NYSE:CDE) President and CEO Mitchell Krebs said that the company is now in a strong position to deliver record operational and financial results in full-year 2025.

For the full year, Coeur Mining, Inc. (NYSE:CDE) expects to produce 95,000 to 105,000 ounces of gold and 5.4 million to 6.5 million ounces of silver.

It also targets to spend between $26 million and $32 million, consisting primarily of sustaining capital and underground development.