Coeur Mining is trading 4.5% down at $16.65 in after-hours trading after reporting weaker-than-expected second-quarter results and lowering its long-term production outlook.
- The company missed consensus estimates for both revenue and EPS while cutting 2026 production guidance for its New Afton and Rainy River mines in Canada.
- Management's lowered outlook for the Canadian ramp-ups is weighing on investor sentiment.
- Selling pressure is being exacerbated by broader materials-sector weakness in the after-hours session.