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CHICAGO (AP) _ Coeur Mining Inc. (CDE) on Thursday reported a loss of $1.08 billion in its fourth quarter.
On a per-share basis, the Chicago-based company said it had a loss of $10.53. Losses, adjusted for asset impairment costs and non-recurring costs, came to 37 cents per share.
The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 43 cents per share.
The silver mining company posted revenue of $140.6 million in the period.
For the year, the company reported that its loss widened to $1.16 billion, or $11.28 per share. Revenue was reported as $635.7 million.
Coeur Mining shares have increased 36 percent since the beginning of the year. The stock has fallen 38 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDE at http://www.zacks.com/ap/CDE
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Keywords: Coeur Mining, Earnings Report
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Coeur Mining Inc
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PRODUCER |
CODE : CDE |
ISIN : US1921085049 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Coeur Mining is a silver and gold producing company based in United states of america. Coeur Mining produces silver, gold, copper, lead and zinc in Argentina, in Australia, in Bolivia, in Mexico and in USA, develops gold and silver in Argentina and in Bolivia, and holds various exploration projects in Mexico. Its main assets in production are ROCHESTER MINE - NEVADA PACKARD in USA, ENDEAVOR and BROKEN HILL in Australia, PALMAREJO in Mexico, MARTHA MINE in Argentina and SAN BARTOLOME in Bolivia, its main assets in development are ROCHESTER and KENSINGTON in Bolivia and JOAQUIN in Argentina and its main exploration properties are KENSINGTON/JUALIN in Argentina, LAKE VICTORIA GOLD BELT in Tanzania and EL REALITO, GUADALUPE and LA PATRIA in Mexico. Coeur Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 979.1 millions as of today (€ 880.9 millions). Its stock quote reached its highest recent level on November 21, 1997 at US$ 99.38, and its lowest recent point on January 22, 2016 at US$ 1.62. Coeur Mining has 185 442 526 shares outstanding. |