Coeur Mining, Inc. (NYSE:CDE) is reporting third quarter financial results on Wednesday 28th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, CDE is expected to report 3Q20 income of $ 0.09 per share from revenue of $ 209.36 million.
For the full year, analysts anticipate top line of $ 754.33 million, while looking forward to income of $ 0.18 per share bottom line.
Previous Quarter Performance
Coeur Mining, Inc. disclosed income for the second quarter of $ 0.01 per share, from the revenue of $ 154.25 million. The quarterly revenues decreased 5.76 percent compared with the same quarter last year. Street analysts expected Coeur Mining, Inc. to report loss of $ 0.03 per share on revenue of $ 152.14 million for the second quarter. The bottom line results beat street analysts by $ 0.04 or 133.33 percent, at the same time, top line results outshined analysts by $ 2.11 million or 1.39 percent.
Stock Performance
Shares of Coeur Mining, Inc. traded up $ 0.13 or 1.70 percent on Tuesday, reaching $ 7.79 with volume of 1.89 million shares. Coeur Mining, Inc. has traded high as $ 7.81 and has cracked $ 7.56 on the downward trend
According to the previous trading day, closing price of $ 7.79, representing a 286.87 % increase from the 52 week low of $ 1.98 and a 17.19 % decrease over the 52 week high of $ 9.25.
The company has a market capital of $ 1.90 billion and is part of the Basic Materials sector and Gold industry.
Coeur Mining, Inc. explores for, develops, and produces gold, silver, zinc, and lead properties. It holds interests in the Palmarejo gold and silver complex located in Mexico; the Rochester silver and gold mine situated in Nevada; the Kensington gold mine located in Alaska; the Wharf gold mine situated in South Dakota; and the Silvertip silver-zinc-lead mine located in Canada.
