Coeur Mining Inc. (NYSE:CDE) is one of the best low priced stocks to buy for the next 3 years.
On May 6, Coeur Mining reported record Q1 2026 financial results, highlighted by $856 million in revenue and a GAAP net income from continuing operations of $247 million, or $0.35 per share
Driven by rising metal prices, the company achieved record adjusted EBITDA of $475 million and grew its cash balance eleven-fold year-over-year to $843 million. This liquidity prompted an expanded $750 million share repurchase program and the initiation of a semiannual dividend policy. Operationally, the company produced 96,503 ounces of gold and 4.4 million ounces of silver, marking double-digit year-over-year increases that align with its reaffirmed full-year 2026 guidance.
Production was further bolstered by the closing of the New Gold transaction on March 20, allowing the newly acquired New Afton and Rainy River mines to contribute 14,145 ounces of gold and 1.4 million pounds of copper during the final eleven days of the quarter. Pixabay/Public Domain Exploration efforts yielded significant updates, including a maiden resource at New Afton’s K-Zone totaling 47.6 million tonnes of measured and indicated resources, containing an estimated 715,000 ounces of gold and 606 million pounds of copper. Additionally, an updated technical report for the Rainy River mine outlined a successful mine life expansion out to 2035, positioning Coeur Mining Inc. (NYSE:CDE) to achieve its projected record-breaking year.