We recently published an article titled Gold Miners Dominate Tuesday's Worst-Performing Stocks. In this article, we are going to take a look at where Coeur Mining, Inc. (NYSE:CDE) stands against the other stocks.
Wall Street’s main indices bounced back from a bloodbath on Tuesday as investors gobbled up shares on hopes that the US-China trade tensions can subside.
The Dow Jones rallied by 2.66 percent, the S&P 500 rose by 2.51 percent, and the Nasdaq surged by 2.71 percent.
Despite a broader market optimism, 10 companies, predominantly gold miners, were heavily sold down amid lower gold prices.
To come up with the list, we considered only the stocks with more than $1 billion in market capitalization and $5 million in trading volume.
Coeur Mining, Inc. (NYSE:CDE) fell for a third straight day on Tuesday, losing 3.36 percent to close at $5.75 apiece as investors sold off positions in line with the decline in gold prices while repositioning portfolios ahead of its first quarter earnings results.
As of this writing, spot prices of gold were down to $3,340.94 per ounce after touching the $3,500 territory in the previous trading day.
Meanwhile, Coeur Mining, Inc. (NYSE:CDE) said it would report its first quarter operational and financial performance after market hours on May 7, 2025. Investors will be closely watching out for whether the company updates its outlook for the year and whether it will beat or miss analysts’ earnings estimates.
Last year, Coeur Mining, Inc. (NYSE:CDE) narrowed its net loss by 43.4 percent to $58.9 million from the $103.6 million registered in 2023, as revenues rose 28 percent to $1.05 billion year-on-year.
Overall CDE ranks 10th on our list of Tuesday's worst-performing stocks. While we acknowledge the potential of CDE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CDE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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