Coeur Mining (CDE) Jumps 5.9% on Precious Metals Surge

Coeur Mining Inc. (NYSE:CDE) is one of the 10 Stocks Investors Are Tracking Now.

Coeur Mining snapped a two-day losing streak on Friday, adding 5.94 percent to finish at $17.13 apiece, as investor sentiment was bolstered by the surge in prices of precious metals.

The stock rallied alongside its mining counterparts, tracking the 2-percent rally in spot prices of silver and gold, as investors fled to safer assets amid uncertainties from the ongoing tensions in the Middle East.

Gold bars. Photo by Zlaťáky.cz on Pexels

On Friday, Israel announced that it would continue to attack Iran, despite Washington’s 10-day halt, after the Islamic Republic failed to heed warnings against striking its civilians.

The heightened tensions, however, attracted funds to silver and gold miners on bets that the metals’ surge would spill over to their profit margins in the future.

Coeur Mining Inc. (NYSE:CDE) is a US-based gold and silver producer that owns the Las Chispas silver-gold mine in Sonora, Mexico; the Palmarejo gold-silver complex in Chihuahua, Mexico; the Rochester silver-gold mine in Nevada; the Kensington gold mine in Alaska; and the Wharf gold mine in South Dakota.

In addition, Coeur Mining Inc. (NYSE:CDE) also owns the Silvertip polymetallic critical minerals exploration project in British Columbia.

Last year, its net income soared by 895 percent to $585.9 million from $58.9 million in 2024. Consolidated revenues increased by 96 percent to $2.07 billion from $1.054 billion year-on-year.

Of the total, gold sales amounted to $1.343 billion, or an 83 percent jump from the $734.9 million in 2024, while silver sales increased by 128 percent to $726.4 million from $319.1 million year-on-year.

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