Coeur Mining, Inc. (CDE) Stock Price & How to Invest

Coeur Mining is a US-headquartered precious-metals company that operates gold and silver mines across North America, including the Rochester silver and gold mine in Nevada, the Palmarejo and Las Chispas mines in Mexico, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota. Las Chispas came from its roughly $1.7 billion all-stock acquisition of SilverCrest Metals, which closed in February 2025 and reshaped Coeur into one of the larger silver-focused producers. The company sells its metal into the open market, so its revenue and margins track the price of silver and gold far more than any pricing power of its own.

The investment picture is that of a cyclical, price-taking miner enjoying a strong metals environment. Rising silver and gold prices drove record quarterly results in early 2026, an eleven-fold jump in cash, a new share buyback program, and the start of a dividend, which is a notable shift for a company that historically reinvested everything. That upside comes with the classic mining caveats: costs, ore grades, permitting, and country risk can all move the wrong way, and if metal prices fall the same leverage that lifts earnings works in reverse.

Coeur is a price taker, so a sustained decline in silver or gold prices would compress margins quickly given its high operating leverage. Mining is operationally risky: lower ore grades, cost inflation, equipment failures, labor issues, and permitting delays can all cut production or raise costs. Mexican operations at Palmarejo and Las Chispas carry country, tax, and security risk, while US mines face their own regulatory and environmental scrutiny. The company has a long history of share dilution and past balance-sheet strain, and results can be volatile quarter to quarter. Reserve replacement and reliance on a handful of aging assets add longer-term uncertainty.

11 analysts publish price targets on CDE, averaging $24.84 against a $14.91 price as of August 2026, or +66.6%. The published targets run from $18.75 to $40.00, a wide spread, and the ratings split 9 buy, 2 hold, 0 sell. Over the last six months there has been 1 raise and 1 cut among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full CDE forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Coeur Mining, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Leverage to silver and gold prices. Coeur's economics are dominated by realized metal prices, which in Q1 2026 reached roughly $4,383 per gold ounce and about $82.85 per silver ounce. The most optimistic published target, $40.00, assumes this works close to its best case.

The case against. Coeur is a price taker, so a sustained decline in silver or gold prices would compress margins quickly given its high operating leverage. The most pessimistic target, $18.75, is roughly what CDE is worth if this bites instead.

Read the full bull and bear case on CDE, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Coeur Mining, Inc.'s investor relations page or your broker.

• Share price: ~$16
• Market cap: ~$16.5B
• Revenue (TTM): ~$3B
• Q1 2026 revenue: ~$856M
• Q1 2026 net income: ~$247M (~$0.35/share)
• P/E ratio: ~13x

Coeur posted record first-quarter 2026 results with about $856 million in revenue and roughly $475 million in adjusted EBITDA, helped by high metal prices. The trailing valuation looks reasonable for a miner in an up-cycle, but earnings are cyclical and can compress fast if silver and gold prices fall. Figures are approximate and move with the metals market.

If you want CDE exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

These are the investment theses CDE naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.

Other names that sit close to CDE: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get CDE exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (GDX, GDXJ, IWN), which spreads the position across many companies. Or build it into a focused thematic portfolio, so CDE sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where CDE fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

CDE gives you operating exposure to silver and gold with real cash flow behind it, but its fortunes rise and fall with volatile metal prices and mine execution.

Whether CDE is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is CDE a buy or a sell?, and where the stock could go from here in the CDE stock forecast.

For income investors, whether CDE pays a dividend and how the payout looks is covered in does CDE pay a dividend? And to weigh CDE against a peer, read the full side-by-side comparisons: CDE vs PAAS and CDE vs AG.