CDE Stock Risk & Deep Value Analysis

Coeur Mining, Inc

Basic Materials • Gold

DVR Score

0.8

out of 10

Distressed

The Bottom Line on CDE

We analyzed Coeur Mining, Inc using our deep value framework. Sign in to see our full verdict and DVR Score.

We ran CDE through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Here's what we found.

Updated Mar 20, 2026•Run Fresh Analysis →

CDE Stock Risk Analysis

Overall Risk

Moderate

Financial Risk

Medium

Market Risk

High

About Coeur Mining, Inc (CDE)

Sector

Basic Materials

Industry

Gold

Market Cap Category

large

Market Cap

$11.45B

CDE Deep Value Analysis

Coeur Mining Inc., as a large-cap precious metals miner ($11.73B), continues to present an extremely low probability for achieving 10x growth within 3-5 years. The mining sector is inherently capital-intensive, cyclical, and fundamentally driven by commodity price fluctuations rather than disruptive innovation or exponential market expansion. While strategic initiatives like the Rochester expansion aim for operational optimization and incremental value, they do not establish a pathway for the kind of exponential returns required from its current scale. Achieving such growth would necessitate an unprecedented, sustained precious metals supercycle, multiple world-class discoveries, or a highly transformative acquisition, none of which are high-probability events for a company of this size in a mature industry. The absence of a disruptive business model or an expanding competitive moat severely limits its 10x potential. The score remains consistent with the previous analysis due to no material changes in fundamental conditions or strategic direction that would alter its long-term growth trajectory for 10x returns, despite a slight decrease in market cap since the last assessment.

CDE Red Flags & Warning Signs

  • âš 

    Significant decline in gold/silver prices

  • âš 

    Operational issues or cost overruns at Rochester or other key mines

  • âš 

    Adverse regulatory changes or environmental policy shifts in operating regions

  • âš 

    Increased geopolitical instability impacting supply chains or operations

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CDE Financial Health Metrics

Market Cap

$11.45B

P/E Ratio

25.11

CDE Competitive Moat Analysis

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Moat Rating

None

Moat Trend

Stable

Moat Sources

2 Identified

Cost Advantages (from economies of scale in established mines)Intangible Assets/IP (related to mining expertise and permits)

While established mining operations benefit from existing infrastructure, permits, and geological data, these do not form a durable moat against new entrants or substitute materials. Commodity prices are the primary driver, not proprietary advantages.

CDE Competitive Moat Analysis

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CDE Catalysts & Growth Drivers

Near-Term (0-6 months)

  • •Q4 2025 Earnings Report (Expected mid-February 2026 - *already passed, next Q1 2026 expected May*)
  • •Q1 2026 Earnings Report (Estimated early-May 2026)
  • •Rochester expansion phase II ramp-up updates

Medium-Term (6-18 months)

  • •Sustained increase in gold and silver prices
  • •Successful and on-budget completion of the Rochester expansion to full capacity
  • •Debt refinancing or favorable capital structure adjustments

Long-Term (18+ months)

  • •Discovery of significant new high-grade reserves at existing sites
  • •Industry consolidation leading to advantageous M&A opportunities for CDE
  • •Global economic uncertainty driving flight to safety assets (gold/silver)

Catalysts & Growth Drivers

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CDE Bull Case: What Could Go Right

  • ✓

    Sustained rally in gold/silver prices above $2,200/oz and $28/oz respectively

  • ✓

    Consistent reduction in All-in Sustaining Costs (AISC)

  • ✓

    Positive updates on Rochester ramp-up exceeding guidance

Bull Case Analysis

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Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research and consult with a qualified financial advisor.

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