Coeur Mining (CDE) Gets Upgraded to Outperform From Sector Perform by ATB Capital

Coeur Mining, Inc. (NYSE:CDE) is one of the most profitable NYSE stocks to invest in. Coeur Mining, Inc. (NYSE:CDE) was upgraded to Outperform from Sector Perform by ATB Capital on March 24, with the firm setting a price target of C$25. The rating update came after the company provided a corporate update on March 23, following the completion of the acquisition of New Gold Inc. on March 20. It also reported that the new Afton and Rainy River contribute strong additions to Coeur Mining, Inc.’s (NYSE:CDE) updated 2026 consolidated production guidance, with the company expecting 2026 consolidated gold, silver, and copper production of 680,000 – 815,000 ounces, 18.7 – 21.9 million ounces, and 50 – 65 million pounds, respectively. Management stated that this incorporates nine months of contribution from its two new Canadian mines. For perspective, the company’s 2025 production totaled 419,046 gold ounces and 17.9 million silver ounces.

Why Coeur Mining, Inc. (CDE) Soared On Wednesday

Coeur Mining, Inc. (NYSE:CDE) also stated that its Board of Directors authorized an expanded $750 million share repurchase program, along with an inaugural $0.02 per share semiannual dividend policy expected to be paid in June and December of each year.

Coeur Mining, Inc. (NYSE:CDE) explores and develops gold and silver mines and mining properties in the US, Canada, and Mexico. It operates through the Palmarejo, Rochester, Kensington, Wharf, and Other segments. The Palmarejo segment manages a gold-silver complex, while the Rochester segment operates a silver-gold mine in northwestern Nevada. Similarly, the Kensington and Wharf segments operate an underground gold mine and an open-pit heap leach gold mine, respectively.

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