Coeur Reports Third Quarter 2026 Results
Q3 revenue $1.0B, up 77% y/y; adj EBITDA $448M, up 69%; $231M buybacks since May; cash $1.2B; FY gold guidance at low end.
What this release says
Coeur Mining reported third quarter 2026 results with revenue of $1.0 billion, up 77% from a year earlier, helped by its newly acquired Canadian operations. The company says its cash balance rose to $1.2 billion and that it repurchased $111 million of stock in the quarter, about 46% of quarterly free cash flow. Management says it still expects record full-year production at the low end of its guidance ranges. For a shareholder, the results show strong cash generation and ongoing buybacks, while lower gold and silver prices and a silver output decline weigh on the picture.
Key figures
- Third quarter revenue
- $1.0 billion
- Year-over-year revenue growth
- 77%
- Cash balance
- $1.2 billion
- Quarterly GAAP net income
- $109 million
- Quarterly gold production
- 161,400 ounces
- Stock repurchased in the quarter
- $111 million
Positive for shareholders
- Revenue and adjusted EBITDA both rose sharply year over year.
- Cash balance more than quadrupled from the prior year.
- The company repurchased stock and declared a dividend of $0.02 per share.
- Gold production rose sequentially at Rochester and Wharf.
Negative for shareholders
- Average realized gold and silver prices fell from the prior quarter.
- Silver production fell 12% year over year, mainly from lower grades at Palmarejo.
- A $40 million non-cash purchase price accounting expense reduced adjusted earnings.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Adjusted EBITDA:
- Earnings before interest, taxes, depreciation and amortization, adjusted by the company to exclude certain items it considers non-recurring.
- Free cash flow:
- Cash generated from operations after capital spending, showing the cash left over for shareholders or debt repayment.
- Costs applicable to sales per ounce:
- The average cost of producing one ounce of metal sold, used to compare mining efficiency.
- Purchase price allocation:
- The accounting process of assigning the cost of an acquisition to the assets acquired, here affecting the value of stockpiled inventory.
FAQ
How much did Coeur Mining's revenue grow this quarter?
Revenue rose 77% year over year to $1.0 billion, driven by newly acquired Canadian operations. Revenue was down from $1.1 billion in the prior quarter.
How much stock did Coeur Mining buy back?
Since mid-May the company has repurchased $231 million of common stock, or 12.6 million shares, including $111 million in the third quarter.
Is Coeur Mining still expecting strong full-year results?
The company says it continues to target record full-year production of about 630,000 ounces of gold, 18.7 million ounces of silver, and 40.0 million pounds of copper, at the low end of its guidance ranges.
Historical context for CDE
Across the 29 sessions after earlier CDE headlines, the stock closed higher 14 times and lower 14 times, with a median move of 3.6% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CDE | SPY |
|---|---|---|---|
| Oct 15, 2026 | Coeur Announces Third Quarter 2026 Earnings Call | +2.9% | +0.3% |
| Sep 23, 2026 | Coeur Provides Exploration Update for New Afton and Rainy River | -5.7% | -0.7% |
| Sep 22, 2026 | Coeur to Present at Mining Forum Americas | +5.0% | -0.0% |
| Aug 6, 2026 | Coeur Reports Second Quarter 2026 Results | -10.2% | -0.2% |
| Jul 22, 2026 | Coeur Provides Exploration Update for Palmarejo and Las Chispas | +3.5% | -0.1% |
| Jul 9, 2026 | Coeur Announces Second Quarter 2026 Earnings Call | +5.1% | +0.8% |
- Market cap
- 30-day
- Sector
- Basic Materials
- Industry
- Precious Metals
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