Jul. 25 at 7:33 PM
$CDE is approaching a key catalyst: Q2 results are due after the market closes on August 5. Following the New Gold acquisition, the story is now about execution: how much production, cash flow and cost improvement will New Afton and Rainy River actually deliver? Q1 set a high bar with
$856 million in revenue,
$341 million in operating cash flow and
$0.35 in GAAP EPS.
Because Coeur has meaningful exposure to both gold and silver,
$CDE remains sensitive to moves in both metals. I am also watching
$PAAS, as its results and sector reaction can influence sentiment across precious-metals miners. Key Q2 items: guidance, integration costs, debt and free cash flow.
Not financial advice. Do your own research.