Coeur Mining Inc. highlights record earnings, operational growth, and portfolio expansion in latest investor presentation
Reuters
Oct 21
Coeur Mining Inc. highlights record earnings, operational growth, and portfolio expansion in latest investor presentation
Coeur Mining Inc. reported record quarterly net income, free cash flow, and adjusted EBITDA in its latest presentation. The company highlighted strong production and cost performance, which contributed to margin expansion. The expansion of the Rochester operation and the integration of Las Chispas have supported growth, with Rochester crushed ore tons increasing by 24% compared to the previous quarter. The company also completed initial share repurchases under its $75 million program and fully repaid its remaining revolver balance, reducing its net leverage ratio to 0.4x. Full-year production and cost guidance were reaffirmed, and the company noted that inflationary cost pressures have continued to subside, supporting further margin improvements. You can access the full presentation through the link below.
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