Coeur Mining, Inc. (NYSE:CDE) is one of the On May 8, 2026, Roth Capital raised the firm’s price target on Coeur Mining, Inc. (NYSE:CDE) to $25 from $24 while maintaining a Buy rating on the shares.
The firm said the company’s Q1 results were mixed relative to its expectations and included several one-time accounting items tied to the New Gold acquisition
On May 6, 2026, Coeur Mining, Inc. (NYSE:CDE) reported Q1 adjusted EPS of 36c, versus the consensus estimate of 36c. Revenue totaled $856M, versus two estimates of $783.89M. Chairman, President, and CEO Mitchell Krebs said the company delivered a strong start to what management expects will be a record year, with every mine in the portfolio contributing to record first-quarter results.
Krebs added that adjusted EBITDA reached a quarterly record while free cash flow remained strong, helping lift the company’s quarter-end cash balance above $840M. The company also said its updated financial policy is intended to maintain liquidity flexibility while supporting shareholder returns through share repurchases and a sustainable dividend policy. Krebs noted that results were achieved despite the first quarter typically being the weakest period of the year and despite more than $200M in quarter-specific outflows, along with only partial-quarter contributions from New Afton and Rainy River following the close of the New Gold transaction on March 20.