Coeur Mining, Inc. (NYSE:CDE) is a prominent player in the mining industry, focusing on the extraction of precious metals from its five North American mines. The company has been making headlines with its impressive financial performance and strategic growth initiatives. As of December 15, 2025, Joe Reagor from Roth Capital set a price target of $23 for CDE, suggesting a potential upside of 33.33% from its current trading price of $17.25.
The company's recent financial results highlight its strong performance. In Q3, Coeur Mining reported a 77% year-over-year increase in revenue, reaching approximately $555 million. This growth is attributed to balanced output from its mines and stronger metal prices. The company's ability to capitalize on favorable market conditions has significantly enhanced its valuation and cash flow.
Despite its strong performance, Coeur Mining's forward 12-month price-to-sales multiple of 6.37X is higher than the peer group average of 3.95X. In comparison, Southern Copper Corporation (SCCO) and Lundin Mining Corporation (LUNMF) have multiples of 9.1X and 4.31X, respectively. Both CDE and SCCO have a Value Score of D, while LUNMF holds a score of C, indicating varying levels of perceived value among investors.
Year to date, Coeur Mining has gained an impressive 205.5%, outperforming the Zacks Mining-Non Ferrous industry's 37.6% increase and the S&P 500's 19.4% rise. In contrast, Southern Copper and Lundin Mining have seen increases of 62% and 129%, respectively. This strong performance reflects Coeur Mining's ability to navigate market challenges and capitalize on growth opportunities.
Currently, CDE is trading at $17.25, with a market capitalization of approximately $11.08 billion. The stock has experienced fluctuations, with a trading range between $16.62 and $18.10 during the day. Over the past year, CDE has reached a high of $23.62 and a low of $4.58, showcasing its volatility and potential for growth.
