Momentum Meets Value: Is Coeur Mining Stock Stock A Buy?
Coeur Mining (CDE) stock might be a good candidate to ride the momentum. Why? Because you get strong margin, low-debt capital structure, and strong momentum.
Coeur Mining (CDE) stock performance is critically shaped by gold prices, nearing $4,000/oz, and silver exceeding $33/oz. The past 30 days saw a transformative $7 billion acquisition of New Gold, announced November 3, 2025, creating a North American leader expecting 900,000 gold ounces and 20 million silver ounces in 2026, projecting $2 billion in free cash flow. Q3 2025 revenue surged 76.9% year-over-year, while the Rochester expansion continues boosting future production capacity.
Why buy now? Here are some numbers:
- Revenue Growth: Coeur Mining saw revenue growth of 68.3% LTM and 32.6% last 3 year average, but this is not a growth story
- Long-Term Profitability: About 18.4% operating cash flow margin and 14.5% operating margin last 3 year average.
- Strong Momentum: Currently in top 10 percentile of stocks in terms of “trend strength” – our proprietary momentum metric.
- Room To Run: Despite its momentum, CDE stock is trading 34% below its 52-week high.
While revenue growth helps, this selection is all about riding momentum with quality – which we judge by margins (reflective of pricing power / strong business model) and capital structure (not too debt heavy).
As a quick background, Coeur Mining provides exploration and mining of precious metals across the US, Canada, and Mexico, owning key gold, silver, zinc, and lead mines including Palmarejo, Rochester, and Silvertip.
| CDE | S&P Median | |
|---|---|---|
| Sector | Materials | – |
| Industry | Gold | – |
| PS Ratio | 5.7 | 3.2 |
| PE Ratio | 23.7 | 23.6 |
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| LTM* Revenue Growth | 68.3% | 6.1% |
| 3Y Average Annual Revenue Growth | 32.6% | 5.4% |
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| LTM* Operating Margin | 29.7% | 18.8% |
| 3Y Average Operating Margin | 14.5% | 18.2% |
| LTM* Op Cash Flow Margin | 33.9% | 20.5% |
| 3Y Average Op Cash Flow Margin | 18.4% | 20.1% |
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| DE Ratio | 3.9% | 20.8% |
*LTM: Last Twelve Months
But do these numbers tell the full story? Read Buy or Sell CDE Stock to see if Coeur Mining still has an edge that holds up under the hood.
No matter where CDE stock goes, your portfolio should stay on track. See how High Quality Portfolio can help you do that.
Stocks Like These Can Outperform. Here Is Data
Here is how we make the selection: We consider stocks with > $2 Bil in market cap, high operating and cfo (cash flow from operations) margin, no instance of very large revenue decline in the past 5 years, low-debt capital structure, and strong momentum as defined by our proprietry momentum metric.
Below are statistics for stocks with this selection strategy applied between 12/31/2016 and 6/30/2025.
- Average 12-month forward returns of nearly 15%
- 12-month win rate (percentage of picks returning positive) of about 60%
In summary, we select stocks that that have momentum and generate cash – so useful to consider, what is the risk?
But Consider The Risk
CDE isn’t immune to big drops. It fell nearly 89% in the Dot-Com Bubble and over 93% during the Global Financial Crisis. The 2018 Correction and Inflation Shock also hit hard, with declines around 77% and 82%, respectively. Even the Covid selloff took it down by about 68%. Strong fundamentals matter, but when panic hits, steep losses can happen.
But the risk is not limited to major market crashes. Stocks fall even when markets are good – think events like earnings, business updates, outlook changes. Read CDE Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.
The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.