We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can Coeur Mining Build on its Strong Cash Growth Trajectory?
Read MoreHide Full Article
Key Takeaways
CDE's cash rose to $554M in Q4'25, up sharply from $55.1M in Q1'24, boosting liquidity.
Coeur Mining saw gains from Rochester expansion, stronger Palmarejo and Kensington output.
Coeur Mining benefited from higher prices, cost control and lower capital intensity, boosting cash flow.
Coeur Mining, Inc. (CDE - Free Report) reported a sharp improvement in its cash and cash equivalents for the fourth quarter of 2025, ending the period with roughly $554 million. This represents a significant increase from about $55.1 million in the first quarter of 2024.
It highlights a substantial year-over-year expansion in liquidity. The growth was largely driven by company-specific operational improvements. The ramp-up of the Rochester expansion played a central role by lifting silver and gold production volumes and improving cost absorption. Stronger performance at Palmarejo and Kensington also supported higher output and margins. The integration and contribution from Las Chispas enhanced the overall production mix and cash generation.
Higher realized gold and silver prices further amplified cash flows. The company also benefited from disciplined cost control and improved operating efficiencies across its portfolio. Lower capital intensity following major project spend and tighter working capital management supported cash flow conversion. As a result, Coeur Mining entered year-end 2025 with a much stronger balance sheet. This elevated cash position improves financial flexibility and supports funding for exploration and growth projects.
First Majestic Silver Corp. (AG - Free Report) reported a strong rise in cash and cash equivalents in the fourth quarter of 2025, reaching $793.4 million compared with $202.2 million a year earlier. This sharp increase was driven by company-specific factors including the ramp-up of the Los Gatos operation, stronger output at San Dimas and Santa Elena and improved ore grades that supported higher recoveries. First Majestic also benefited from disciplined cost control and operational efficiencies, which boosted margins alongside higher realized silver prices. This improved liquidity gives First Majestic greater flexibility to invest in expansion.
Hecla Mining Company (HL - Free Report) reported a sharp improvement in its cash and cash equivalents in the fourth quarter of 2025, with the balance rising to about $241.6 million. This marks a substantial increase from roughly $26.9 million in the prior-year quarter. It reflects a year-over-year surge of more than 700%. Hecla Mining benefited from a strong rebound in operating performance through 2025. Higher realized prices for silver and gold, improved production volumes across key assets and stronger operating cash flows supported liquidity expansion. Hecla also saw momentum from better cost absorption and disciplined capital allocation after a weak 2024 base, which amplified the year-over-year comparison.
The Zacks Rundown for CDE
Shares of CDE have popped 238.8% in a year compared with its industry’s 85% rise.
Image Source: Zacks Investment Research
CDE is currently trading at a forward 12-month price-to-sales of 2.71X, lower than the industry’s average of 4.49X. It carries a Value Score of C.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for CDE for 2026 earnings implies year-over-year growth of 77.5%.
Image Source: Zacks Investment Research
The consensus estimate for EPS for fiscal 2026 has been trending lower over the past 60 days.
View the Zacks #1 Rank List
Image: Bigstock
Can Coeur Mining Build on its Strong Cash Growth Trajectory?
Key Takeaways
Coeur Mining, Inc. (CDE - Free Report) reported a sharp improvement in its cash and cash equivalents for the fourth quarter of 2025, ending the period with roughly $554 million. This represents a significant increase from about $55.1 million in the first quarter of 2024.
It highlights a substantial year-over-year expansion in liquidity. The growth was largely driven by company-specific operational improvements. The ramp-up of the Rochester expansion played a central role by lifting silver and gold production volumes and improving cost absorption. Stronger performance at Palmarejo and Kensington also supported higher output and margins. The integration and contribution from Las Chispas enhanced the overall production mix and cash generation.
Higher realized gold and silver prices further amplified cash flows. The company also benefited from disciplined cost control and improved operating efficiencies across its portfolio. Lower capital intensity following major project spend and tighter working capital management supported cash flow conversion. As a result, Coeur Mining entered year-end 2025 with a much stronger balance sheet. This elevated cash position improves financial flexibility and supports funding for exploration and growth projects.
First Majestic Silver Corp. (AG - Free Report) reported a strong rise in cash and cash equivalents in the fourth quarter of 2025, reaching $793.4 million compared with $202.2 million a year earlier. This sharp increase was driven by company-specific factors including the ramp-up of the Los Gatos operation, stronger output at San Dimas and Santa Elena and improved ore grades that supported higher recoveries. First Majestic also benefited from disciplined cost control and operational efficiencies, which boosted margins alongside higher realized silver prices. This improved liquidity gives First Majestic greater flexibility to invest in expansion.
Hecla Mining Company (HL - Free Report) reported a sharp improvement in its cash and cash equivalents in the fourth quarter of 2025, with the balance rising to about $241.6 million. This marks a substantial increase from roughly $26.9 million in the prior-year quarter. It reflects a year-over-year surge of more than 700%. Hecla Mining benefited from a strong rebound in operating performance through 2025. Higher realized prices for silver and gold, improved production volumes across key assets and stronger operating cash flows supported liquidity expansion. Hecla also saw momentum from better cost absorption and disciplined capital allocation after a weak 2024 base, which amplified the year-over-year comparison.
The Zacks Rundown for CDE
Shares of CDE have popped 238.8% in a year compared with its industry’s 85% rise.
CDE is currently trading at a forward 12-month price-to-sales of 2.71X, lower than the industry’s average of 4.49X. It carries a Value Score of C.
The Zacks Consensus Estimate for CDE for 2026 earnings implies year-over-year growth of 77.5%.
The consensus estimate for EPS for fiscal 2026 has been trending lower over the past 60 days.
CDE currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.