Coeur Mining Stock Earnings Reports

Coeur Mining reported a very strong start to 2026 driven primarily by the recently closed New Gold acquisition (11 days of contribution in Q1). Q1 revenue was $856M and EBITDA hit a record $475M; free cash flow was $267M despite >$200M of quarter-specific and one-time items. Management reaffirmed 2026 guidance and, at the midpoint, expects roughly 750,000 oz gold, >20M oz silver and ~60M lbs copper for the year, with >$3B of EBITDA and ~$2B of free cash flow (using 2026 budget prices) even though New Afton and Rainy River only contributed part of the year. Cash and equivalents rose materially to $843M and the company now has an upsized $1B revolver and improved credit ratings. Management announced an enhanced capital return policy: a $750M buyback program and an inaugural semiannual $0.02/share dividend. Integration of New Gold assets is on track, both Canadian mines received regional safety awards, and Coeur plans its largest-ever exploration program (including Silvertip). A notable accounting nuance: purchase price accounting fair-value uplifts to opening inventory increased reported CAS materially in Q1 (non-cash), primarily at Rainy River and New Afton, but do not affect cash flow. Operations impacted by seasonal/one-off items (Mexican taxes, interest timings, Rochester and Wharf early-year impacts) are expected to normalize and align with full‑year guidance.