Coeur Mining, Inc. (CDE) Strengthens Portfolio with New Gold Acquisition Following Upgrade

Coeur Mining, Inc. (NYSE:CDE) is one of the most undervalued growth stocks to buy, according to analysts. On March 23, Cantor Fitzgerald upgraded Coeur Mining, Inc. (NYSE:CDE) to a Buy from a Hold and lowered the price target to $20 from $24.

Coeur Mining, Inc. (CDE) Strengthens Portfolio with New Gold Acquisition Following Upgrade

The research firm upgraded the stock following a recent share price pullback. The new price target is in response to the company’s 2026 guidance on mine-life extensions, dividends, and buyback policies. For 2025, the company reported revenue of $2.1 billion and net income from continuing operations of $493 million. It expects 2026 gold and silver production of 390,000-460,000 ounces and 18.2-21.3 million ounces, respectively. On a combined basis, it expects $3 billion of EBITDA and $2 billion of free cash flow.

Earlier on March 20, Coeur Mining announced that it had completed the acquisition of New Gold Inc. The acquisition is poised to result in a leading North American-based precious metals producer. Consequently, it remains well positioned to produce between 680,000 and 815,000 ounces of gold, 18.7 to 21.9 million ounces of silver, and 50 to 65 million pounds of copper.

Coeur Mining, Inc. (NYSE:CDE) is a U.S.-based, well-diversified, and growing precious metals producer with a focus on exploring, developing, and operating gold and silver assets in North America. The company operates several key mines, including the Rochester mine in Nevada and the Palmarejo complex in Mexico, and is strategically focused on expanding its portfolio of high-grade assets.

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