Shares of Coeur Mining (CDE) surged 5.06% in pre-market trading on Thursday following the release of its impressive second-quarter 2025 financial results. The company reported record quarterly net income and free cash flow, demonstrating strong operational performance across its mining portfolio.

Coeur Mining's financial health showed significant improvement, with the company repaying its remaining revolver balance and reducing its net leverage ratio to 0.4x. Additionally, the miner initiated share repurchases under its $75 million program, signaling confidence in its future prospects. The company's revenue mix for Q2 2025 comprised approximately 67% gold and 33% silver, reflecting a more balanced and U.S.-centric portfolio following the completion of the Rochester expansion and integration of Las Chispas.

Investors were particularly encouraged by Coeur Mining's reaffirmation of its full-year production and cost guidance. The company reported gold production of 195,253 ounces for the first half of 2025, with full-year guidance ranging from 380,000 to 440,000 ounces. Silver production reached 5,624,000 ounces in the same period, with annual guidance set at 13,700,000 to 16,100,000 ounces. The strong performance at Palmarejo and Rochester operations, including a 24% increase in crushed ore tons at Rochester compared to the previous quarter, further bolstered investor confidence in the company's operational efficiency.