$CDE

Honey Badger Silver (TSXV: TUF) is reviving a historic silver mine in Canada's Mackenzie Mountains, with a PEA showing a 22-year mine life and significant silver production. The company is evaluating restarting a preserved 1982 mill. Other silver companies, including Hycroft (Nasdaq: HYMC), Avino (NYSE: ASM), Perpetua (Nasdaq: PPTA), and Coeur (NYSE: CDE), are also advancing projects.

Americas Gold and Silver (USAS) fell 11%, Coeur Mining (CDE) 8%, Wheaton Precious Metals (WPM) 6%, and Pan American Silver (PAAS) 6% as silver prices dropped. The decline followed attacks in the Strait of Hormuz, pushing oil prices higher and increasing bets on a December Fed rate hike. Americas Gold and Silver reported record quarterly silver output but has negative operating margins since 2021, making it vulnerable to silver price declines.

Coeur Mining (CDE) shares dropped 22.4% in October 2026, outpacing the S&P 500's 0.6% gain. Historically, Coeur's stock falls 41% on average during market shocks, more than twice the S&P 500's decline. The company's revenue doubled to $3.17 billion, with improved margins. However, it cut 2026 production forecasts and cited rising costs. Coeur holds $1.05 billion in cash, exceeding its debt.

Coeur Mining (NYSE, TSX: CDE) will release its Q3 2026 results on November 4, 2026, followed by a conference call on November 5, 2026. The call will be led by CEO Mitchell J. Krebs and other executives. Coeur operates seven mines and an exploration project, focusing on precious metals.

Major miners face skilled labor shortages, threatening delays and cost overruns on $2.2T capital spending from 2025-2035, per McKinsey. Newmont's Peter Toth and Coeur Mining's Mitch Krebs highlight execution challenges. McKinsey forecasts $3.6T revenue for global metals/mining firms in 2026, with 33% EBITDA margins. Copper and gold lead projected capital requirements, with Latin America and North America as key regions.

Coeur Mining (CDE) stock fell 5.7% on September 23. The company reported record revenue and free cash flow of $388 million in Q2 2026, driven by newly acquired mines New Afton and Rainy River. Management expects $1.5 billion in free cash flow for 2026, but both mines are running behind production plans. Coeur's P/E ratio is 23.4, slightly above the S&P 500's 22.4. The stock previously fell 49% during the 2022 inflation shock.

Coeur Mining (CDE) announced exploration updates for its New Afton and Rainy River operations in Canada, with plans to invest $158M in 2026. At New Afton, exploration at the K-Zone deposit confirmed mineralization and extended it by 300 meters. At Rainy River, underground and surface drilling showed potential for resource expansion. Coeur aims to extend mine life and create long-term value at both operations.

Coeur Mining (CDE) has dropped 10% from its August high, with historical data showing a median 13% loss a year after larger dips. The company reports record cash flow and revenue growth but faces delays in mine ramp-ups. CDE trades at 24x earnings, and investors await Q3 2026 results for clarity.

Several sectors, including asset managers, semiconductor stocks, and silver miners, experienced significant declines following Fed Chair Kevin Warsh's press conference. ON Semiconductor (NASDAQ:ON) led the drop, falling 6%, while Boeing (NYSE:BA) weighed on the Dow. Economists are divided on future rate hikes, with some expecting more hikes and others predicting easing next year.

Top silver miners, including CDE, AG, and HL, hold $4.2B in net cash, more than double the 2011 peak. Higher silver prices erased sector debt, enabling dividends and buybacks. HL, CDE, and AG reported significant cash increases, with varying stock performances.