Coeur Mining (CDE) Q3 2026 Earnings Call: Guidance and Outlook
The company provided full-year guidance, noting that it expects to land near the low end of its production ranges. No specific quarterly guidance was provided, but management emphasized a strong fourth-quarter outlook.
About Coeur Mining. Coeur Mining, Inc. is a company primarily focused on the exploration and development of precious metal deposits across North America, with operations spanning the United States, Canada, and Mexico. The company's key activities involve discovering and extracting resources such as gold, silver, zinc, and lead.
Expectation of landing near the low end of the full year guidance ranges.
Adjusted cost applicable to sales
Anticipated to be near the upper end of guidance.
Cash taxes, capital expenditures, amortization, exploration, and G&A
Trending towards the low end of their respective guidance ranges.
Outlook
Fourth quarter production
Management expects a significant increase in production and cash flow in the fourth quarter to end the year around the low end of production guidance.
Full year EBITDA and cash flow
The company expects record full year adjusted EBITDA exceeding $2 billion and free cash flow topping $1.3 billion.
2027 outlook
Management anticipates delivering another record year in 2027, driven by full year contributions from Rainy River and New Afton.
Diesel costs
Diesel prices are 32% higher than planned, adding approximately $30 million to direct costs, though the annual impact is less than a 2% increase in total direct costs.
Wharf insurance
An insurance claim resolution related to a fire incident is set to provide an additional $70 million of cash during the fourth quarter.
Dombey's summary of the Coeur Mining Q3 2026 earnings call held Nov 5, 2026, written from the call itself. Every figure on this page was checked against what was said on the call, and quoted lines are management's own words; we do not add estimates or prices. The tone score is our read of management's wording, guidance and answers. Check figures against the company's SEC filings before acting. This is research, not investment advice.
