Reported 3 days ago
Coeur Mining, Inc. (CDE) experienced a share price increase of 4.33% to reach $8.43 on Wednesday, following the announcement of a $75 million share buyback program effective until May 31, 2026. CEO Mitchell Krebs emphasized the initiative's goal of enhancing shareholder value. Additionally, the company reported a net income of $33.4 million, a significant turnaround from a $29.1 million net loss a year prior, with revenues soaring 69% year-on-year.
Source: YAHOO