Coeur Mining is trading 10% down at $15.69 (-10.01%) after investors reacted to a substantial second-quarter earnings and revenue miss.
- Adjusted EPS reached $0.12, below approximately $0.32 consensus estimates
- Revenue was $1.08 billion, versus roughly $1.31 billion expected
- New Afton and Rainy River ramp-ups were slower than anticipated, prompting lower production guidance; average realized gold and silver prices also declined sequentially