Coeur Mining Stock Down Today
Coeur Mining stock is down today, trading at €6.39452. This is a decrease of 3.83% from the previous close of €6.64. The stock has been trading in a range of €6.38 to €6.42 today.
The decline in Coeur Mining stock today is likely due to a number of factors, including the recent decline in the price of gold and silver. Gold and silver are the two main metals that Coeur Mining produces, so the price of these metals has a significant impact on the company's profitability.
In addition to the decline in the price of gold and silver, Coeur Mining has also been facing some challenges with its operations. The company's San Bartolome mine in Bolivia has been experiencing some production issues, and the company has also been facing some challenges with its operations in Mexico.
Despite the challenges that Coeur Mining is facing, the company remains optimistic about the future. The company has a number of projects in development that are expected to increase production in the coming years. Coeur Mining is also exploring new opportunities in other countries, such as Argentina and Peru.
Overall, Coeur Mining is a well-positioned company with a strong track record of production. The company's stock is currently trading at a discount to its peers, and it could be a good investment for investors who are looking for exposure to the gold and silver markets.