Coeur Mining (CDE) Tops Q2 EPS by 2c

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Go back to Coeur Mining (CDE) Tops Q2 EPS by 2c

Coeur Reports Second Quarter 2018 Results

July 25, 2018 4:30 PM EDT

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (Coeur or the Company) (NYSE: CDE) today reported second quarter 2018 financial results, which included revenue of $170.0 million, net income of $2.9 million, or $0.02 per share, and adjusted net income1 of $1.1 million, or $0.01 per share. Adjusted EBITDA1 increased 52% year-over-year to $48.4 million while companywide all-in-sustaining costs (AISC)1 per average spot equivalent ounce (AgEqOz)1 declined 6% year-over-year to $14.65 during the quarter, more than offsetting the impact of lower average realized silver and gold prices.

Cash flow from operating activities was $(1.3) million and free cash flow1 was $(42.5) million during the quarter, which were impacted by... More