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CDE Stock Risk & Deep Value Analysis

Coeur Mining, Inc

Basic Materials • Gold

DVR Score

0.8

out of 10

Distressed

What You Need to Know About CDE Stock

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. Our risk assessment: Moderate. Here's what we found.

Updated Mar 20, 2026Run Fresh Analysis →

CDE Risk Analysis & Red Flags

Risk Matrix

Overall

Moderate

Financial

Medium

Market

High

Competitive

Medium

Execution

Medium

Regulatory

Medium

Upcoming Risk Events

  • 📅

    Significant decline in gold/silver prices

  • 📅

    Operational issues or cost overruns at Rochester or other key mines

  • 📅

    Adverse regulatory changes or environmental policy shifts in operating regions

  • 📅

    Increased geopolitical instability impacting supply chains or operations

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What Does Coeur Mining, Inc (CDE) Do?

Market Cap

$11.45B

Sector

Basic Materials

Industry

Gold

Employees

2,116

Coeur Mining, Inc. operates as a gold and silver producer in the United States, Canada, and Mexico. It operates through Palmarejo, Rochester, Kensington, Wharf, Silvertip, and Las Chispas segments. The company explores for gold, silver, zinc, lead, and other related metals. It markets and sells its concentrates to third-party customers, including refiners and smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013. Coeur Mining, Inc. was incorporated in 1928 and is headquartered in Chicago, Illinois.

Visit Coeur Mining, Inc Website

Investment Thesis

Coeur Mining is a well-established diversified precious metals producer positioned to benefit from a sustained bull market in gold and silver, with its Rochester expansion providing incremental production growth and potential cost efficiencies. It offers exposure to hard assets and inflation hedging, but lacks the disruptive innovation or exponential growth potential needed for a 10x return.

Is CDE Stock Undervalued?

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.

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CDE Price Targets & Strategy

12-Month Target

$22.50

Bull Case

$28.00

Bear Case

$15.00

Entry Strategy

Consider accumulation on dips below $17.00, utilizing dollar-cost averaging for long-term commodity exposure.

Exit Strategy

Take profits at $25.00-$28.00 if precious metals prices surge. Set a stop-loss at $14.50 to manage downside risk.

Portfolio Allocation

1-2% for conservative risk tolerance, 2-4% for moderate, primarily as a hedge against inflation or for commodity exposure.

Price Targets & Strategy

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Is CDE Financially Healthy?

Valuation

P/E Ratio

25.11

Price/Book

3.70

Does CDE Have a Competitive Moat?

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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.

Moat Erosion Risks

  • Fluctuating commodity prices eroding profitability
  • Rising input costs (energy, labor, materials)
  • Regulatory changes increasing compliance burdens and costs

CDE Competitive Moat Analysis

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CDE Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral

Institutional Sentiment

Neutral

Insider Activity (Form 4)

No significant insider buying or selling reported in recent months.

Options Flow

Moderate activity, showing balanced interest with slightly higher call volume reflecting speculative bullishness on commodity prices, but no unusual block trades.

Earnings Intelligence

Next Earnings

2026-05-08 (Estimated)

Surprise Probability

Medium

Historical Earnings Pattern

Stock price tends to react to commodity price movements more than individual earnings beats/misses, unless there are significant operational surprises or guidance changes.

Key Metrics to Watch

Gold and silver production volumes and gradesAll-in Sustaining Costs (AISC) per ounceFree Cash Flow (FCF)Capital expenditure for Rochester expansion

Competitive Position

Top Competitor

AGI

Market Share Trend

Stable within its niche of diversified precious metals production, focusing on optimizing existing assets rather than aggressive market share expansion.

Valuation vs Peers

Trading broadly in line with or at a slight discount to North American mid-tier precious metal miners on an EV/EBITDA basis, but may appear higher on P/E due to recent profitability fluctuations.

Competitive Advantages

  • Diversified portfolio of gold and silver assets across stable jurisdictions.
  • Significant, long-life reserve base with expansion potential.
  • Experienced management team in mining operations.

Market Intelligence

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What Could Drive CDE Stock Higher?

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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What's the Bull Case for CDE?

  • 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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Competing with CDE

See how Coeur Mining, Inc compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

Coeur Mining, Inc

CDE

$11.5B0.825.1

Alamos Gold Inc

AGI

0.1Compare →

Air Products and Chemicals Inc

APD

$65.8B1.2-197.5$12.0B-2.7%1.4%Compare →

Newmont Corporation

NEM

$130.0B1.017.4$22.7B31.7%21.0%Compare →

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FAQ

What is the DVR Score for Coeur Mining, Inc (CDE)?

As of March 20, 2026, Coeur Mining, Inc has a DVR Score of 0.8 out of 10, placing it in the "Distressed" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of Coeur Mining, Inc?

Coeur Mining, Inc's market capitalization is approximately $11.5B. The company operates in the Basic Materials sector within the Gold industry.

What ticker symbol does Coeur Mining, Inc use?

CDE is the ticker symbol for Coeur Mining, Inc. The company trades on the NYQ.

What is the risk level for CDE stock?

Our analysis rates Coeur Mining, Inc's overall risk as Moderate. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

What is the P/E ratio of CDE?

Coeur Mining, Inc currently has a price-to-earnings (P/E) ratio of 25.1. This is in line with broader market averages.

How often is the CDE DVR analysis updated?

Our AI-powered analysis of Coeur Mining, Inc is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on March 20, 2026.

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 on this page for CDE (Coeur Mining, Inc) 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, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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