🟢 Coeur Mining is trading 4.22% up in pre-market despite mixed Q2 results

Coeur Mining is trading at $16.31, +4.22%, despite mixed second-quarter results and lowered production expectations.

• Shares declined 10.21% on August 6, closing at $15.65.
• Second-quarter results included record $1.1 billion revenue and $388 million free cash flow, but adjusted EPS and revenue missed expectations.
• Management reduced New Afton and Rainy River production expectations; weaker cryptocurrency markets were unlikely to explain the gain.