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Basic Materials · Gold · CDE

What Coeur Mining Does & How It Makes Money (CDE)

Updated October 2026 · reflects Coeur Mining's latest reported financials

U.S.-based gold and silver miner with mines in North America. Coeur earns revenue by mining and selling gold and silver, including concentrates sold to third-party refiners and smelters under off-take agreements.

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How Coeur Mining makes money

Coeur earns revenue by mining and selling gold and silver, including concentrates sold to third-party refiners and smelters under off-take agreements. Its earnings rise and fall with metal prices and how much its mines produce.

What Coeur Mining does

Coeur Mining, Inc. is a gold and silver producer with operations in the United States, Canada, and Mexico. It reports through six segments: Palmarejo, Rochester, Kensington, Wharf, Silvertip, and Las Chispas. Besides running its mines, it explores for gold, silver, zinc, lead, and related metals, and it sells concentrates to refiners and smelters under off-take agreements. The company was founded in 1928 as Coeur d'Alene Mines Corporation and took the name Coeur Mining in May 2013. It is headquartered in Chicago, Illinois. Because it produces both gold and silver, its results depend heavily on the prices of both metals.

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What is Coeur Mining worth?

On an owner-earnings DCF, Coeur Mining's most-likely value is about $8 versus a recent price near $17 (51% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$6) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ $17
Fair value (most likely)
$8
Range
$7–$12
No-growth floor
$6
Price
~$17

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Basic Materials Industry Gold HQ United States Ticker CDE Official site

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