Coeur Mining gains on $75 million share repurchase program
Shares of precious metal producer Coeur Mining CDE.N rise 3.2% to $8.06
Company says its board of directors has authorized $75 million share repurchase program, effective through May 31 next year
"This decision reflects confidence in our strong free cash flow profile resulting from higher gold and silver prices, the impact of the newly-acquired Las Chispas mine, and continued momentum at the recently expanded Rochester mine," CEO Mitchell Krebs says
Including session's moves, stock up 40% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
Anthropic Revenue Surpasses OpenAI for First Time, IPO as Early as October

Meta Is About to Launch a Consumer-Facing AI Model, and OpenAI Is About to Have Its IPO, Making Now a Good Time to Buy Meta Stock

IonQ vs. Rigetti Computing: Which Quantum Computing Stock Has the Edge Now?

Memory Chips Drive Samsung Earnings Surge, But Stock Price Opens High and Closes Lower: Why?

Is Bitcoin Reaching a Local Top? Institutional Demand vs. Retail Sentiment at $70,000

Tradingkey







