| Coeur Mining reports 2Q loss | |
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CHICAGO (AP) _ Coeur Mining Inc. (CDE) on Tuesday reported a loss of $16.7 million in its second quarter.
The Chicago-based company said it had a loss of 12 cents per share. Losses, adjusted for one-time gains and costs, were 11 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.
The silver mining company posted revenue of $166.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $166.7 million.
In the final minutes of trading on Tuesday, the company's shares hit $3.25. A year ago, they were trading at $7.47.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDE at http://www.zacks.com/ap/CDE
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Keywords: Coeur Mining, Earnings Report
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : CDE |
ISIN : US1921085049 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Coeur Mining is a silver and gold producing company based in United states of america. Coeur Mining 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 KENSINGTON/JUALIN in Argentina, LAKE VICTORIA GOLD BELT in Tanzania and EL REALITO, GUADALUPE and LA PATRIA in Mexico. Coeur Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is 5.5 billions as of today (€ 4.9 billions). Its stock quote reached its highest recent level on November 21, 1997 at 99.38, and its lowest recent point on January 22, 2016 at 1.62. Coeur Mining has 789 193 984 shares outstanding. |