Coeur Mining's stock surged 9.25% during Thursday's intraday trading session, significantly outperforming the broader market as precious metal stocks rallied.

The sharp increase in Coeur Mining's share price followed gains in gold and silver prices, which extended their advance amid lingering tensions between the United States and Iran that prompted a flight to safety. Investors were also evaluating the Federal Reserve's monetary policy path, contributing to the bullish sentiment toward precious metals and related mining stocks.