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CHICAGO (AP) _ Coeur Mining Inc. (CDE) on Wednesday reported third-quarter earnings of $3.5 million.
On a per-share basis, the Chicago-based company said it had profit of 3 cents. Losses, adjusted for one-time gains and costs, came to 23 cents per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.
The silver mining company posted revenue of $170.9 million in the period, also surpassing Street forecasts. Analysts expected $160.2 million, according to Zacks.
Coeur Mining expects full-year revenue in the range of $470 million to $480 million.
In the final minutes of trading on Wednesday, the company's shares hit $3.40. A year ago, they were trading at $12.08.
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This story was generated by Automated Insights using data from Zacks Investment Research. CDE stock research report from Zacks.
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Keywords:Coeur Mining,Earnings Report
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Coeur d'Alene Mines Corporation
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PRODUCER |
CODE : CDE |
ISIN : US1921085049 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Coeur d'Alène is a silver and gold producing company based in United states of america. Coeur d'Alène produces silver, gold, copper, lead and zinc in Argentina, in Australia, in Bolivia, in Mexico and in USA, develops gold and silver in Argentina and in Bolivia, and holds various exploration projects in Mexico. Its main assets in production are ROCHESTER MINE - NEVADA PACKARD in USA, ENDEAVOR and BROKEN HILL in Australia, PALMAREJO in Mexico, MARTHA MINE in Argentina and SAN BARTOLOME in Bolivia, its main assets in development are ROCHESTER and KENSINGTON in Bolivia and JOAQUIN in Argentina and its main exploration properties are EL REALITO, KENSINGTON/JUALIN, LA PATRIA and GUADALUPE in Mexico and LAKE VICTORIA GOLD BELT in Tanzania. Coeur d'Alène is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 916.1 millions as of today (€ 856.2 millions). Its stock quote reached its highest recent level on November 21, 1997 at US$ 99.38, and its lowest recent point on January 22, 2016 at US$ 1.62. Coeur d'Alène has 185 442 526 shares outstanding. |