Coeur Mining Slides as Investors Weigh Low-End 2026 Output Outlook

Coeur Mining (CDE) is down 7.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued fallout from Coeur’s recent third-quarter update, which pointed to full-year 2026 production landing at the low end of guidance while costs trend toward the high end. Investors also appear to be reacting to operational disruptions at several mines and softer realized gold and silver prices in the quarter, which can pressure sentiment even when cash flow remains strong.

Details:

Coeur’s third-quarter results showed revenue and cash flow growth, but management said full-year gold, silver, and copper production should finish at the low end of prior guidance ranges.

The company said 2026 costs applicable to sales are expected to land at the upper end of guidance, a combination that can worry the market because it points to less operating leverage than hoped.

Management described several short-term issues during the quarter, including heavy rains affecting Palmarejo and Rainy River and conveyor downtime at New Afton, all of which weighed on production.

Average realized prices for both gold and silver were lower than in the prior quarter, which may have added another layer of pressure as investors reassessed near-term earnings power.

Sources:

Coeur Mining, SEC, StockAnalysis

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$CDE Insider Trading Activity

$CDE insiders have traded $CDE stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $CDE stock by insiders over the last 6 months:

KENNETH J WATKINSON (VP, Corporate Controller & CAO) sold 39,000 shares for an estimated $725,400
J KENNETH THOMPSON sold 25,000 shares for an estimated $519,250
CASEY M. NAULT (EVP, GC & Secretary) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $410,600.
THOMAS S WHELAN (EVP & CFO) sold 6,000 shares for an estimated $125,220
AOIFE MCGRATH (EVP, Exploration) purchased 635 shares for an estimated $10,763

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive CDE Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$CDE Hedge Fund Activity

We have seen 377 institutional investors add shares of $CDE stock to their portfolio, and 352 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 25,977,529 shares (+25.5%) to their portfolio in Q2 2026, for an estimated $423,953,273
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 23,659,559 shares (-84.6%) from their portfolio in Q2 2026, for an estimated $386,124,002
TIDAL INVESTMENTS LLC removed 14,971,536 shares (-68.7%) from their portfolio in Q2 2026, for an estimated $244,335,467
VAN ECK ASSOCIATES CORP removed 13,930,074 shares (-17.2%) from their portfolio in Q2 2026, for an estimated $227,338,807
MILLENNIUM MANAGEMENT LLC removed 11,480,959 shares (-84.1%) from their portfolio in Q2 2026, for an estimated $187,369,250
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 10,748,653 shares (+37.2%) to their portfolio in Q2 2026, for an estimated $175,418,016
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 10,320,876 shares (+inf%) to their portfolio in Q2 2026, for an estimated $168,436,696

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.