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Coeur Mining ( (CDE) ) has shared an update.
On February 14, 2025, Coeur Mining, Inc. announced the completion of its acquisition of SilverCrest Metals Inc., pursuant to an agreement from October 2024. SilverCrest shareholders received 1.6022 shares of Coeur for each SilverCrest share. To facilitate the transaction, Coeur amended its certificate of incorporation to increase its authorized shares to 900 million, following shareholder approval. This acquisition is expected to influence Coeur’s production and cost guidance for 2025, which will be detailed in its upcoming financial results release.
More about Coeur Mining
Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with five wholly-owned operations: the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver complex in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota. Additionally, Coeur wholly-owns the Silvertip polymetallic critical minerals exploration project in British Columbia.
YTD Price Performance: 16.45%
Average Trading Volume: 12,097,441
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.88B
For a thorough assessment of CDE stock, go to TipRanks’ Stock Analysis page.
