Coeur Mining slides as weaker precious-metals prices appear to pressure miner shares

Coeur Mining (CDE) is down 6.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a drop in gold and silver prices, which can quickly weigh on sentiment toward precious-metals miners like Coeur. This could also be because investors remain cautious after a recent analyst downgrade and because Coeur’s earnings and cash flow are highly sensitive to underlying metal prices.

Details:

Coeur is a precious-metals producer with seven wholly owned operations across the U.S., Canada, and Mexico, giving the stock significant exposure to swings in gold and silver prices.

In its first-quarter 2026 results, the company reported revenue of $856 million, operating cash flow of $341 million, and reaffirmed its full-year 2026 guidance.

Following the New Gold transaction completed in March 2026, Coeur has been integrating the New Afton and Rainy River mines, a major strategic change that can add both upside and execution risk.

Broader precious-metals markets were under pressure Tuesday, with spot silver falling sharply and gold also retreating as the U.S. dollar strengthened and rate expectations weighed on the complex.

Sources:

Coeur Mining, SEC, Investing.com

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 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 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
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.

$CDE Hedge Fund Activity

We have seen 461 institutional investors add shares of $CDE stock to their portfolio, and 225 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 31,496,885 shares (+44.8%) to their portfolio in Q1 2026, for an estimated $556,864,926
VAN ECK ASSOCIATES CORP added 19,499,952 shares (+31.7%) to their portfolio in Q1 2026, for an estimated $344,759,151
FMR LLC added 16,509,177 shares (+97.6%) to their portfolio in Q1 2026, for an estimated $291,882,249
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 13,418,041 shares (+92.1%) to their portfolio in Q1 2026, for an estimated $237,230,964
MILLENNIUM MANAGEMENT LLC added 13,103,608 shares (+2371.6%) to their portfolio in Q1 2026, for an estimated $231,671,789
GEODE CAPITAL MANAGEMENT, LLC added 10,822,528 shares (+69.4%) to their portfolio in Q1 2026, for an estimated $191,342,295
STATE STREET CORP added 10,581,748 shares (+43.6%) to their portfolio in Q1 2026, for an estimated $187,085,304

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.

$CDE Price Targets

Multiple analysts have issued price targets for $CDE recently. We have seen 4 analysts offer price targets for $CDE in the last 6 months, with a median target of $26.75.

Here are some recent targets:

Eric Winmill from Scotiabank set a target price of $27.5 on 06/12/2026
Dalton Baretto from Canaccord Genuity set a target price of $26.0 on 04/29/2026
An analyst from CIBC set a target price of $40.0 on 03/10/2026
Josh Wolfson from RBC Capital set a target price of $26.0 on 02/12/2026

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.