Coeur Mining: Q2 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Coeur Mining Inc. (CDE) on Wednesday reported a loss of $32.4 million in its second quarter.
The Chicago-based company said it had a loss of 10 cents per share. Losses, adjusted for non-recurring costs, were 6 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.
The silver mining company posted revenue of $177.2 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $2.61. A year ago, they were trading at $3.18.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDE at https://www.zacks.com/ap/CDE
