Coeur Mining, Inc. (CDE)

Gold and Silver Ores

Latest Price

$19.91

TTM P/E

15.93

Normalized P/E

138.26

Div Yield

Book Value

12.09

P/B Ratio

1.65

Valuation metrics

EPS: $0.95

Book value / share: $5.16

Formula: √(22.5 × EPS × BVPS)

Graham Number

$10.50

47% downside

Norm. op. income: $20M (median of 7yr)

Tax rate: 45%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.24

99% downside

Base FCF: $666M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$17.75

11% downside

EPS: $0.95

Target P/E: 16×

Formula: EPS × P/E

P/E Fair Value

$15.20

24% downside

76.9% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	127.77M	$2.08B	12.42%	+25.98M	2026-06-30
VAN ECK ASSOCIATES CORP	67.03M	$1.09B	6.52%	-13.93M	2026-06-30
STATE STREET CORP	50.13M	$818.0M	4.87%	+15.30M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	43.25M	$705.0M	4.21%	+11.87M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	41.49M	$677.0M	4.03%	+10.93M	2026-06-30
FMR LLC	41.20M	$672.0M	4.01%	+7.77M	2026-06-30
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.	39.64M	$646.0M	3.85%	--	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	20.50M	$333.0M	1.99%	-5.91M	2026-06-30
VICTORY CAPITAL MANAGEMENT INC	15.89M	$259.0M	1.54%	+7.38M	2026-06-30
NORGES BANK	12.47M	$203.0M	1.21%	+5.27M	2026-06-30