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Coeur Mining: Q2 Earnings Snapshot

August 3, 2022 GMT

CHICAGO (AP) _ Coeur Mining Inc. (CDE) on Wednesday reported a second-quarter loss of $77.4 million, after reporting a profit in the same period a year earlier.

The Chicago-based company said it had a loss of 28 cents per share. Losses, adjusted for non-recurring costs, were 5 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The silver mining company posted revenue of $204.1 million in the period.

In the final minutes of trading on Wednesday, the company’s shares hit $3.04. A year ago, they were trading at $7.36.

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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