Coeur Mining, Inc. (CDE) Down 5.4% — Should I Cash Out While I Can?
Coeur Mining, Inc. (CDE) is under pressure in Monday' ssession, last trading at $18.19. That is a $1.03 decline from the prior close of $19.22. The selling started before the opening bell, with shares already at $18.16 in premarket action, and the regular session has done little to repair the damage. The move leaves CDE about 34.5% below its 52-week high of $27.77, a level reached on January 26, 2026. That gap is a reminder of how much of the stock's early-year momentum has since unwound.
Volume stands at roughly 13.46 million shares so far, against a 90-day average of about 35.72 million. With the session still open, turnover is tracking well below a typical full day, so the decline so far reflects a repricing to lower metal prices rather than a rush for the exits.
Why Coeur Mining, Inc. Price is Moving Lower
Today's decline is part of a broad precious-metals selloff rather than a new Coeur-specific problem. Gold futures fell 3.34% to $4,176.80 and silver futures dropped 5.1% to $61.52 on September 28, as rising bond yields, inflation concerns and expectations of higher interest rates weighed on metals and the miners that produce them. Coeur is heavily exposed to that move. Gold supplied 64% and silver 30% of its Q2 revenue, so a same-day drop in both metals goes straight into how the market values its cash flows. The pressure is visible across the group: Newmont Corporation (NEM) is down 3.57%. Other Materials names with little precious-metals exposure are faring better, including Vale S.A. (VALE, up 0.33%.
The metals selloff lands on a stock that was already carrying fundamental baggage. Coeur's Q2 report on August 5 showed EPS of $0.12, well short of the $0.26 consensus. Revenue of $1.09 billion missed the $1.24 billion estimate, even though it rose 125.8% from a year earlier. Those record sales hid a weaker earnings picture, and the guidance revision was more troubling. Management cut its 2026 adjusted EBITDA outlook to about $2.3 billion from $3.0 billion and lowered its free cash flow forecast to $1.5 billion from $2.0 billion. The company cited lower metal-price assumptions and slower ramp-ups at New Afton and Rainy River.
Those two factors are what make today's move more than a one-day event. The guidance cut already built in softer metal prices. A further leg down in gold and silver raises the question of whether even the reduced targets are safe. The operational delays at New Afton and Rainy River also limit how much Coeur can offset weaker prices with higher output in the near term. Until metal prices stabilize and those ramp-ups show progress, CDE is likely to keep trading on the direction of gold and silver futures.
What is the Coeur Mining, Inc. Rating - Should I Sell?
Weiss Ratings assigns CDE a C+ rating. Current recommendation is Hold. The rating sits at the upper edge of the Hold range, reflecting a company with real financial strength whose shareholder experience is still tied to some of the most volatile commodities in the market. A C+ is not a sell signal, but it does not endorse adding to positions aggressively while metal prices are falling.
The fundamental side of the ledger is strong. The Excellent rating on the Growth Index is backed by 125.86% revenue growth, which shows how much Coeur has expanded its production base and how much it benefited from strong precious-metal prices. The Excellent rating on the Solvency Index suggests the balance sheet can absorb the lower EBITDA and free cash flow targets without strain. That matters for a miner that is still working through ramp-ups at newer assets. Coeur is rated Good on the Efficiency Index, supported by a 26.81% profit margin that shows healthy per-ounce economics. The rating stops short of Excellent because the 12.85% ROE is only moderate. The company's larger asset base has not yet produced returns to match its revenue growth, a gap the August earnings miss made plain. A forward P/E of 15.87 suggests the market is not assigning a steep premium to those earnings.
Where the picture becomes more nuanced is in the market-facing measures. Coeur is rated Fair on the Total Return Index. That rating fits a stock that has given back roughly a third of its value from the $27.77 peak in January, erasing much of the gain holders had seen earlier in the year. The 0.10% dividend yield does almost nothing to soften those swings. The Weak rating on the Volatility Index is visible in today's session. A 5.36% drop that closely follows a 5.1% slide in silver and a 3.34% decline in gold shows how directly CDE's price responds to moves in commodity futures. These two ratings are the main reason a company with Excellent growth and solvency ratings sits at C+ rather than in Buy territory.
Within the Materials sector, Coeur is on par with Newmont Corporation (NEM, C+) and The Sherwin-Williams Company (SHW, C+). It ranks ahead of Vale S.A. (VALE, C) and Shin-Etsu Chemical Co., Ltd. (SHECF, C), and well above Air Products and Chemicals, Inc. (APD, C-). Being level with Newmont, the industry's largest gold producer, shows that Coeur's risk profile is broadly in line with the group. It also shows that no one in the precious-metals group is immune to today's macro pressure.
About Coeur Mining, Inc.
Coeur Mining, Inc. (CDE) is a Materials company focused on producing gold and silver, with additional output of copper, zinc and lead. Founded in 1928 and headquartered in Chicago, Illinois, Coeur operates mines across North America. Its portfolio includes the Palmarejo gold-silver complex and the high-grade Las Chispas silver-gold operation in Mexico. In the United States, it runs the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota. The company has since expanded its footprint in Canada with the New Afton copper-gold operation in British Columbia and the Rainy River gold mine in Ontario. Both are now central to its growth plans and to the ramp-up schedule investors are watching.
Coeur's revenue mix is weighted heavily toward precious metals. Gold contributed 64% and silver 30% of second-quarter revenue, which gives the company meaningful leverage to both metals. Its silver exposure sets it apart from many large North American gold producers, making it one of the larger silver-leveraged names available to U.S. investors. The Rochester expansion, one of the larger heap-leach operations in the U.S., and the acquisition of Las Chispas have increased that silver weighting. The Canadian assets add copper and greater gold scale.
The company's competitive position rests on geographic concentration in stable mining jurisdictions, a multi-asset base that reduces reliance on any single mine, and an exploration pipeline around its existing operations. Operating in the United States, Canada and Mexico gives Coeur a lower political-risk profile than producers concentrated in more volatile regions. Its mix of long-life open-pit and underground mines also provides flexibility in how it allocates capital across the portfolio. Still, as a price-taker in global commodity markets, Coeur's margins remain highly sensitive to the gold and silver prices it cannot control.
Investor Outlook
Coeur Mining, Inc. (CDE) carries a Weiss Rating of C+ (Hold), backed by solid fundamentals but offset by a stock that moves in lockstep with volatile precious-metal prices. Investors should watch whether gold holds above the $4,176.80 level and silver above $61.52 as bond yields and rate expectations shift. They should also track whether the ramp-ups at New Afton and Rainy River progress enough to support the reduced $2.3 billion adjusted EBITDA target for 2026. See full rankings of all C+ rated Materials stocks inside the Weiss Stock Screener.
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