Coeur Mining (CDE) Misses Q3 EPS by 30c

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Go back to Coeur Mining (CDE) Misses Q3 EPS by 30c

Coeur Reports Third Quarter 2021 Results

October 27, 2021 5:00 PM EDT

Reaffirms Production Guidance; Updates Cost and Capital Expenditure Guidance

CHICAGO--(BUSINESS WIRE)-- Coeur Mining, Inc. (Coeur or the Company) (NYSE: CDE) today reported third quarter 2021 financial results, including revenue of $208.0 million and cash flow from operating activities of $21.8 million. The Company reported GAAP net loss from continuing operations of $54.8 million, or $0.21 per share, which included a $26.0 million non-cash write-down of Mexican value-added tax (VAT) refunds and non-cash unrealized losses of $35.7 million on strategic equity investments, primarily related to Coeurs 18% equity ownership of Victoria Gold Corp. (Victoria) during the quarter. On an adjusted... More