公司概述
Coeur Mining, Inc. operates primarily as a gold and silver producer with active mining segments located in the United States, Canada, and Mexico, while also engaging in exploration activities for zinc, lead, and other related metals across its portfolio. The company functions within the Basic Materials sector and specifically within the Gold industry, positioning it as a key player in the precious metals commodity chain. With a market capitalization of $20.41B, an annual revenue of $2.07B, and an employee count of 2620, the firm demonstrates significant scale relative to many peers in the extractive industries. These valuation and revenue figures indicate that the company has established substantial market presence and operational footprint, allowing it to leverage economies of scale in its production processes while maintaining a robust workforce to support its multi-country operations.
财务健康
Coeur Mining reported a trailing twelve-month revenue of $2.07B, generating net income of $585.87M and an EBITDA of $1.01B, highlighting a substantial gap between gross revenue and net profit that reflects the significant cost structure inherent in mining operations including depletion, stripping, and processing expenses. The company generated free cash flow of $387.31M, which provides essential financial flexibility to fund capital expenditures, service debt obligations, or pursue strategic acquisitions without relying on external equity financing. The gross margin stands at 54.8%, indicating efficient control over direct production costs, while the operating margin of 50.6% suggests effective management of overhead and administrative expenses. The profit margin of 28.3% further underscores the company's ability to convert operating earnings into bottom-line profit despite the cyclical nature of commodity prices. On the balance sheet, the company holds $553.60M in cash against $358.96M in debt, supported by a debt-to-equity ratio of 10.84, which suggests a leveraged capital structure typical for capital-intensive mining firms that utilize debt to finance expansion. The current ratio of 2.47 indicates strong short-term liquidity, demonstrating that the company holds more than double the assets required to cover its short-term liabilities. Return on equity is reported at 26.4% and return on assets at 13.2%, metrics that reveal effective management in generating returns on shareholders' capital and utilizing the asset base productively.
估值评估
The company trades with a trailing P/E ratio of 20.76 and a forward P/E of 7.05, a significant disparity that implies the market expects earnings to grow substantially faster than current levels or that the current price reflects a temporary earnings contraction. The price-to-book ratio is 3.82, indicating that the market values the company at nearly four times its book value, which often suggests a premium for its resource assets and future growth potential rather than just its historical net worth. Alternative valuation metrics such as the price-to-sales ratio of 9.86 and EV/EBITDA of 12.33 provide context that the stock is priced on revenue and earnings power, suggesting the market is willing to pay a premium for its revenue generation capabilities. The 52-week high is $27.77 and the 52-week low is $4.70, meaning the current trading price sits at a level that reflects recent market volatility but remains within the historical range observed over the past year. With a beta of 1.33, the stock exhibits higher price volatility relative to the broader market, moving 33% more than the market average during periods of increased risk and investor sentiment shifts.
Growth & Income
Revenue growth year-over-year is 120.9% and earnings growth year-over-year is 246.6%, indicating that earnings are expanding at more than double the rate of revenue, which implies significant cost efficiencies, asset optimization, or leverage effects driving profitability disproportionately higher than top-line expansion. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning it does not distribute cash to shareholders but instead retains earnings to reinvest into growth initiatives such as mine development or exploration programs. The retention of all earnings allows management to capitalize on operational opportunities without the constraint of mandatory dividend payments, aligning capital allocation with long-term value creation in the resource sector. Overall, the company presents a growth-oriented profile characterized by high earnings expansion and zero dividend distribution, prioritizing capital deployment for future production capabilities rather than immediate income generation for investors.