Why Coeur Mining (CDE) Stock Is Down Today

Coeur Mining (CDE) is down 3.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is a mix of profit-taking and investor caution rather than a single fresh negative headline. The company’s latest updates have been broadly constructive, but shares have already been pulling back, and investors may still be digesting slower ramp expectations at the recently added Canadian mines and lower assumed metals prices in its 2026 outlook.

Details:

A September 28 filing mainly disclosed an updated corporate presentation, with no major acquisition, financing, or earnings surprise announced alongside it.

In its latest quarterly update, the company posted record second-quarter revenue of about $1.1 billion, operating cash flow of roughly $513 million, and free cash flow of about $388 million.

That same quarterly filing also said full-year 2026 guidance was refined to reflect lower assumed metals prices in the second half and post-acquisition adjustments tied to Rainy River and New Afton.

A recent exploration update highlighted expanded drilling activity and mine-life extension potential at New Afton and Rainy River, so today’s weakness could be because the market is focused more on execution and valuation after recent volatility than on exploration upside.

Sources:

SEC, Coeur Mining, Yahoo Finance

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.

$CDE Hedge Fund Activity

We have seen 387 institutional investors add shares of $CDE stock to their portfolio, and 272 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
VICTORY CAPITAL MANAGEMENT INC added 14,628,867 shares (+1161.1%) to their portfolio in Q2 2026, for an estimated $238,743,109
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

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 2 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

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.