Coeur Mining, Inc.

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.

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.

Coeur Mining, Inc. announced that it has repurchased 3,989,969 shares of its common stock for approximately $69.7 million under its expanded $750 million share repurchase program. The average price for these repurchases was $17.46 per share. In May 2026 alone, the company repurchased approximately 3.18 million shares for $60.0 million at an average price of $18.91 per share. Approximately $680.3 million remains authorized for future repurchases under the plan.

Coeur Mining, Inc. announced an inaugural semi-annual dividend of $0.02 per share, payable June 10, 2026, consistent with its updated financial policy. Additionally, Kenneth J. Watkinson, VP, Corporate Controller and CAO, will retire in early 2027, with Anne Beckhelheimer appointed to succeed him effective August 10, 2026. Stockholders also approved an amendment to the Certificate of Incorporation to limit officer liability, elected nine directors, ratified Grant Thornton LLP as auditor, and approved executive compensation at the Annual Meeting.

Coeur Mining, Inc. announced record first quarter 2026 financial results, with revenue reaching $856 million and adjusted EBITDA hitting a record $475 million. The company reported GAAP net income of $247 million ($0.35 per share) and adjusted net income of $254 million ($0.36 per share). These results were achieved despite significant first-quarter outflows and only eleven days of contribution from the newly acquired New Gold assets. Coeur also reaffirmed its full-year 2026 guidance, expanded its share repurchase program to $750 million, and initiated an inaugural semiannual dividend of $0.02 per share.

Coeur Mining completed its acquisition of New Gold Inc. on March 20, 2026, for an implied equity value of approximately $6.9 billion, significantly expanding its gold and copper production and Canadian presence. This strategic move contributed to a substantial increase in the company's first-quarter financial results. For the three months ended March 31, 2026, Coeur Mining reported a significant rise in revenue and net income, alongside strong operating cash flows.

Coeur Mining, Inc. announced the completion of its strategic business combination transaction, acquiring all issued and outstanding common shares of New Gold Inc. on March 20, 2026. New Gold is now a wholly-owned subsidiary of Coeur, with New Gold shareholders receiving 0.4959 Coeur common shares for each New Gold share, totaling 392,682,578 shares valued at an implied $6.9 billion. This amendment provides the unaudited pro forma financial information, showing a combined revenue of $3.62 billion and net income of $78.73 million for the year ended December 31, 2025.

Coeur Mining, Inc. completed its previously announced private exchange offer and consent solicitation for New Gold Inc.'s $400 million aggregate principal amount of 6.875% Senior Notes due 2032. In connection with the settlement, Coeur Mining issued $385.774 million aggregate principal amount of its own 6.875% Senior Notes due 2032. The new notes are unsecured senior obligations and rank equally with the company's existing and future unsecured senior debt.