Coeur Mining is a U.S.-based, well-diversified, growing precious metals producer with seven wholly-owned operations: the New Afton gold-copper mine in British Columbia, Canada, the Rainy River gold-silver mine in Ontario, Canada, the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver mine in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip polymetallic critical minerals exploration project in British Columbia, Canada.

The company achieved record second-quarter revenue of over $1.0 billion, a substantial increase driven by the inclusion of newly acquired Canadian assets. Cash and cash equivalents more than doubled sequentially to approximately $1.1 billion, pushing total liquidity past $2.0 billion and driving net leverage into negative territory.

The technical outlook looks constructive. The 14 day relative strength index has broken above trendline resistance while the MACD-V indicator has entered positive territory. The 38.2% Fibonacci retracement from the high based on the entire $27.77 to 13.55 range comes in at $22.38, a level which could well be targeted in the not too distant future.

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