Quarterly ResultAug 5, 2026, 04:54 PM
Coeur Mining Q2 Revenue $1.1B, EBITDA $478M; Cash $1.1B; Updates 2026 Guidance
AI Summary
Coeur Mining, Inc. reported record second quarter 2026 financial results, including $1.1 billion in revenue and $478 million in adjusted EBITDA, driven by the first full quarter contributions from the New Afton and Rainy River acquisitions. The company's cash balance more than doubled to $1.1 billion since year-end 2025. Coeur initiated an enhanced capital return program, repurchasing $121 million of common stock and issuing a $0.02 per share semi-annual dividend. While 2026 guidance for new Canadian operations was adjusted for slower ramp-up rates, the company still expects record full-year adjusted EBITDA of $2.3 billion and free cash flow of $1.5 billion.
Key Highlights
- Record Q2 Revenue: $1.1 billion, up 126% year-over-year.
- Record Q2 Adjusted EBITDA: $478 million, up 124% year-over-year.
- Q2 GAAP Net Income: $122 million, or $0.12 per share.
- Cash balance: $1.1 billion at quarter-end, doubling from year-end 2025.
- Capital Return Program: $121 million stock repurchased, $0.02/share dividend paid.
- Updated 2026 Full-Year Adjusted EBITDA Guidance: $2.3 billion.
- Updated 2026 Full-Year Free Cash Flow Guidance: $1.5 billion.
- Revised 2026 Capital Expenditure Guidance: $520 - $605 million.
Price Impact
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