Coeur Mining, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 02:00 am IST
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Coeur Mining, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 177.24 million compared to USD 204.12 million a year ago. Net loss was USD 32.41 million compared to USD 77.43 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.28 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.28 a year ago.
For the six months, sales was USD 364.53 million compared to USD 392.53 million a year ago. Net loss was USD 57 million compared to USD 69.75 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.26 a year ago. Diluted loss per share from continuing operations was USD 0.18 compared to USD 0.26 a year ago.
Coeur Mining, Inc. is a precious metals producer. The Company has four wholly owned operations: the Palmarejo gold-silver complex, the Rochester silver-gold mine, the Kensington gold mine and the Wharf gold mine. The Palmarejo gold-silver complex is located approximately 260 miles southwest of Chihuahua, in the state of Chihuahua in Northern Mexico. The Rochester open pit heap leach silver-gold mine is located in northwestern Nevada, approximately 13 miles northeast of the city of Lovelock. The Kensington underground gold mine and associated milling facilities are located on the east side of the Lynn Canal about 45 miles north-northwest of Juneau, Alaska. The Wharf mine is located in the northern Black Hills of western South Dakota, approximately four miles southwest of the city of Lead, South Dakota. In addition, the Company wholly owns the Silvertip silver-zinc-lead exploration project in British Columbia. The Silvertip mine covers an area of approximately 40,904 hectares.
COEUR MINING, INC. 
