Coeur Mining Insiders Sell $844K After Record Cash Quarter
Three Coeur Mining insiders, including its CFO and general counsel, sold a combined $844,470 in shares fourteen days after the company reported what multiple outlets called a record cash quarter. The
Coeur Mining Insiders Sell $844K After Record Cash Quarter
NEW YORK, August 31 —
Coeur Mining, Inc. (CDE) posted what analysts called a record cash flow quarter, then watched its director, general counsel, and CFO sell a combined $844,470 in stock fourteen days later. The same quarter also delivered an EPS miss of 53.6% against consensus and a guidance cut.
- Most recent quarter: EPS miss of 53.6% ($0.12 vs. $0.26 estimated); TTM operating cash flow $1.47 billion.
- Three insiders sold 41,000 shares at $20.00, $20.87 on August 19, for total proceeds of $844,470.
- Balance sheet: $1.05 billion cash against $710 million debt; analyst consensus target $23.32, implying roughly 10% upside.
The Record Quarter Has a Catch
Coeur Mining, which produces gold and silver through six operations including Palmarejo and Las Chispas in Mexico, Kensington in Alaska, and Rochester and Wharf in the United States, did generate TTM operating cash flow of $1.47 billion and free cash flow of $797 million, numbers that multiple outlets labeled a "record quarter." But the most recent quarter also produced a 53.6% EPS miss, $0.12 against a $0.26 consensus estimate, alongside a guidance cut. Investors modeling those cash flows in a DCF calculator must choose which quarter reflects the run rate: the trailing headline or the lowered forward guidance.
Three Sellers, One Session
Fourteen days after the August 5 earnings filing, Director J. Kenneth Thompson sold 25,000 shares at $20.77, General Counsel Casey M. Nault sold 10,000 at $20.00, and CFO Thomas S. Whelan sold 6,000 at $20.87, reportedly from a daughter's investment plan, all open-market on August 19. The combined 41,000 shares brought in $844,470 at prices below the stock's current $21.13, even after a 4.9% metals-driven drop erased $1.1 billion in market capitalization. The only insider purchase in the past 90 days: 635 shares bought by the EVP of Exploration in June for $10,763, against $0.84 million in net insider sales.
| Ticker | Mkt cap | Fwd P/E | 52-wk |
|---|---|---|---|
| CDE | $21.7B | 10.3x | +54.7% |
| HL | $13.7B | 19.2x | +128.5% |
| PAAS | $21.9B | 11.2x | +54.1% |
| KGC | $37.1B | 10.2x | +45.7% |
| EXK | $3.2B | 9.1x | +65.5% |
| AG | $10.2B | 20.4x | +116.0% |
What Next Quarter Must Deliver
The balance sheet offers real strength: $1.05 billion in cash against $710 million in debt, a net cash position unusual in mining. The forward P/E is 10.3x on trailing EPS of $1.19; the analyst consensus target of $23.32 implies roughly 10% upside from $21.13, even after analysts reset targets lower. The figure that determines which narrative prevails is next quarter's EPS: a recovery toward the $0.35 beat from three quarters ago validates the record cash story; another large miss after the guidance cut raises harder questions. Run the free Coeur Mining, Inc. deep-dive → to track the numbers.
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Frequently Asked Questions
Why did Coeur Mining insiders sell stock in August 2026?
Director J. Kenneth Thompson sold 25,000 shares at $20.77, General Counsel Casey M. Nault sold 10,000 at $20.00, and CFO Thomas S. Whelan sold 6,000 at $20.87, all in open-market transactions on August 19. The combined 41,000 shares brought in $844,470, fourteen days after the August 5 earnings filing. Whelan's sale was reportedly from a daughter's investment plan.
Did Coeur Mining beat or miss earnings estimates?
Coeur Mining missed the consensus EPS estimate by 53.6% in the most recent quarter, reporting $0.12 against a $0.26 estimate. The company also issued a guidance cut alongside those results, even as trailing cash flow numbers drew record-quarter headlines.
What is Coeur Mining's current cash and debt position?
Coeur Mining holds $1.05 billion in cash against $710 million in debt, a net cash position that analysts describe as unusual in the mining sector. The company also reported TTM operating cash flow of $1.47 billion and free cash flow of $797 million.
What is the analyst price target for Coeur Mining?
The analyst consensus target stands at $23.32, implying roughly 10% upside from the $21.13 stock price, even after analysts reset targets lower following the earnings miss and guidance cut. The forward P/E is 10.3x on trailing EPS of $1.19.
Where does Coeur Mining operate its mines?
Coeur Mining produces gold and silver through six operations: Palmarejo and Las Chispas in Mexico, Kensington in Alaska, and Rochester and Wharf in the United States. The diversified portfolio generated the TTM cash flow figures at the center of the record-quarter debate.
Three of Coeur Mining's most senior executives—its board director, general counsel, and CFO—sold a combined $844,470 in stock on a single day in August, just fourteen days after the company reported a quarter that analysts simultaneously described as 'record' for cash flow and that produced an earnings-per-share result nearly 54% below consensus estimates.