Coeur Mining, Inc. (CDE) Q1 2026 Earnings Call Transcript
Access earnings results, analyst expectations, report, slides, earnings call, and transcript.
Overview
The earnings call reveals strong financial performance with record revenue and EBITDA, driven by increased silver and gold production. The successful completion of the New Gold transaction and strategic acquisitions further enhance the company's growth prospects. However, potential risks from recent integrations and a soft first quarter are noted. Overall, the positive financial metrics and strategic initiatives outweigh the risks, leading to a positive stock price outlook.
Key Financial Performance
Quarterly Revenue $856 million, a record high, driven by an 18% increase in silver production and an 11% increase in gold production year-over-year.
EBITDA $475 million, a record high, increased nearly fourfold year-over-year and 12% versus the fourth quarter, reflecting strong operational performance.
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Operating Highlights
New Gold transaction: Recently completed acquisition of New Afton and Rainy River mines. These mines contributed to record results with just 11 days of operation.
Revenue growth: Quarterly revenue reached a record $856 million, driven by increased silver and gold production.
Production increase: Silver production increased by 18% and gold production by 11% year-over-year.
EBITDA growth: EBITDA increased 12% quarter-over-quarter and nearly fourfold year-over-year to $475 million.
Strategic acquisition: Acquisition of New Afton and Rainy River mines aligns with strategic priorities and significantly boosts operational performance.
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Risk or Challenges
First Quarter Performance: Despite a strong start, the first quarter is noted as the softest quarter of the year, which could imply potential challenges in maintaining performance throughout the year.
New Gold Transaction: The integration of New Afton and Rainy River mines is recent, with only 11 days of contribution noted. This suggests potential risks in fully integrating these operations and realizing expected synergies.
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Guidance & Outlook
New Gold transaction: Recently completed New Gold transaction.
First quarter silver and gold production: Increased 18% and 11% year-over-year, respectively.
Quarterly revenue: Reached a record $856 million.
EBITDA: Increased 12% versus the fourth quarter and nearly fourfold year-over-year to a record $475 million.
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Shareholder Return Plan
The selected topic was not discussed during the call.
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Key Q&A
Q:Review of Unclear Management Responses
A:
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Earnings Word Cloud
The most frequently occurring keywords in this quarter's earning call
Brian MacArthur
CEO Chairman
CFO Routledge
CIBC Capital
COO Cosmos
Capital Markets
Chairman Whelan
Chiu CIBC
Coeur Mining
Cosmos Chiu
Cowen Research
Division Brian
Division EDT
Division Reagor
Division Wayne
Division Wolfson
EDT day
Executive VP
Krebs
MacArthur Raymond
Markets Research
President CEO
Raymond Ltd
Research Division
Routledge Executive
TD Cowen
Wayne Lam
Whelan Executive
Wolfson RBC
conference Chairman
day Coeur
CDE Transcript
Coeur Mining, Inc. (CDE) Q1 2026 Earnings Call Transcript
Positive5-7
The earnings call reveals strong financial performance with record revenue and EBITDA, driven by increased silver and gold production. The successful completion of the New Gold transaction and strategic acquisitions further enhance the company's growth prospects. However, potential risks from recent integrations and a soft first quarter are noted. Overall, the positive financial metrics and strategic initiatives outweigh the risks, leading to a positive stock price outlook.
Coeur Mining, Inc. (CDE) Q4 2025 Earnings Call Transcript
Positive2-19
The earnings call reveals strong financial performance with record free cash flow from multiple mines, effective cost management, and significant growth in reserves and resources. The Q&A highlights management's strategic focus on exploration and capital returns, with a preference for buybacks. Despite some uncertainties regarding exploration timelines and tax guidance, the overall sentiment is positive, supported by high metal prices and optimistic guidance. Given the company's mid-cap status, the stock price is likely to see a moderate positive reaction.
Coeur Mining, Inc. (CDE) Q3 2025 Earnings Call Transcript
Positive10-30
The earnings call indicates strong financial performance, with increased free cash flow, reduced net debt, and improved production metrics. Positive guidance for 2025, along with robust cost management and strategic focus on growth, enhances the outlook. The Q&A session addressed operational issues as normal ramp-up processes and maintained confidence in achieving guidance. Despite some vague responses, the overall sentiment is positive, supported by a market cap that suggests moderate stock price movement.
Coeur Mining, Inc. (CDE) Q2 2025 Earnings Call Transcript
Positive8-7
The earnings call reveals strong financial performance with increased gold and silver production, decreased costs, and significant debt reduction. The company is also focusing on production growth and exploration, with positive cash flow and strategic plans like the NCIB. Despite some unclear responses in the Q&A, particularly about taxes, the overall sentiment is positive due to robust operational results and strategic initiatives. Given the mid-cap status of the company, a 2% to 8% stock price increase is expected in the short term.
CDE Slides
CDE Report
Frequently Asked Questions
Where does this earnings call transcript come from?
All transcripts are sourced directly from the official live webcast or the company’s official investor relations website. We use the exact words spoken during the call with no paraphrasing of the core discussion.
How soon is the transcript available after the earnings call ends?
Full verbatim transcripts are typically published within 4–12 hours after the call ends. Same-day availability is guaranteed for all S&P 500 and most mid-cap companies.
Is the transcript edited or altered in any way?
No material content is ever changed or summarized in the “Full Transcript” section. We only correct obvious spoken typos (e.g., “um”, “ah”, repeated 10 times”, or clear misspoken ticker symbols) and add speaker names/titles for readability. Every substantive sentence remains 100% as spoken.
Why do some answers appear as “Unclear” or “Inaudible”?
When audio quality is poor or multiple speakers talk over each other, we mark the section instead of guessing. This ensures complete accuracy rather than introducing potential errors.
Who creates the AI Summary and Key Q&A highlights shown above the transcript?
They are generated by a specialized financial-language model trained exclusively on 15+ years of earnings transcripts. The model extracts financial figures, guidance, and tone with 97%+ accuracy and is regularly validated against human analysts. The full raw transcript always remains available for verification.
