Coeur Mining: Q3 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

CHICAGO (AP) — CHICAGO (AP) — Coeur Mining Inc. (CDE) on Wednesday reported third-quarter net income of $48.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Chicago-based company said it had profit of 12 cents.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The silver mining company posted revenue of $313.5 million in the period.

Coeur Mining shares have risen 81% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.91, more than doubling in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDE at https://www.zacks.com/ap/CDE

 

Trending Videos

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Motley Fool Money
    11:00PM - 12:00AM
     
    “Motley Fool Money” features a team of analysts discussing the week's top   >>
     
  • Best Stocks Now
    12:00AM - 1:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Bloomberg Businessweek
    1:00AM - 2:00AM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • Investor's Edge
    2:00AM - 3:00AM
    Investor's Edge
    888.422.5559
     
    Gary Kaltbaum is a hard hitting and pull-no-punches host especially when it   >>
     
  • InvestTalk with Justin Klein and Luke Guerrero
     
    InvestTalk™ serves as your go-to educational platform to delve into the   >>
     

See the Full Program Guide