Coeur Mining (CDE) delivered earnings and revenue surprises of 77.78% and 1.79%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Stocks sank across the globe on Wednesday on concerns that rising COVID-19 cases in Europe, the United States and elsewhere would disrupt fragile economic recoveries, while the U.S. dollar rose on safe-haven demand. Also weighing on the market, U.S. crude stockpiles rose more than expected last week.
Inventories are expected to rise by 46 bcf