Quarterly ResultAug 5, 2026, 04:49 PM
Coeur Mining Q2 Revenue $1.09B, Net Income $121.85M; New Gold Acquisition Drives Growth
AI Summary
Coeur Mining reported strong Q2 2026 results, with revenue significantly increasing to $1.09 billion and net income reaching $121.85 million, or $0.12 per diluted share. These results were substantially impacted by the acquisition of New Gold Inc. on March 20, 2026, which added two new mines in Canada and materially increased gold and copper production. Total assets surged to $15.20 billion from $4.70 billion at year-end 2025 due to the acquisition, reflecting significant growth across the company's operations.
Key Highlights
- New Gold Acquisition: Completed March 20, 2026, for $6.9 billion, adding two Canadian mines.
- Q2 2026 Revenue: Increased 125.8% to $1,085.6 million from $480.7 million in Q2 2025.
- Q2 2026 Net Income: Rose 72.3% to $121.9 million from $70.7 million in Q2 2025.
- Q2 2026 Diluted EPS: $0.12, up from $0.11 in the prior year period.
- Total Assets: Surged 223.8% to $15.20 billion at June 30, 2026, from $4.70 billion at Dec 31, 2025.
- Cash from Operations (H1 2026): Increased 211% to $854.1 million from $274.6 million in H1 2025.
- Capital Expenditures (H1 2026): Increased 80.3% to $199.8 million from $110.8 million in H1 2025.
- Top Segment Revenue (Q2 2026): Rainy River $304.8 million, Las Chispas $186.9 million, New Afton $133.3 million.
Price Impact
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