Coeur Mining (CDE) Tops Q1 EPS by 12c

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Go back to Coeur Mining (CDE) Tops Q1 EPS by 12c

Coeur Reports First Quarter 2016 Results

April 27, 2016 4:31 PM EDT

14% Decline in Adjusted AISC1 Drives 46% Growth in Quarterly Adjusted EBITDA1 to $34.6 million

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (the Company or Coeur) (NYSE: CDE) reported first quarter 2016 revenue of $148.4 million, adjusted EBITDA1 of $34.6 million, adjusted net loss1 of $0.04 per share, and cash flow from operating activities of $6.6 million2. The Company sold 3.5 million ounces of silver and 79,091 ounces of gold and during the quarter.

Adjusted all-in sustaining costs per realized silver equivalent ounce1 of $13.73 dropped 14% compared to the same quarter last year (9% decline assuming a constant 60:1 ratio). Adjusted costs... More