10 Cheap Gold Stocks to Invest In Right Now

4. Coeur Mining, Inc. (NYSE:CDE)

Forward P/E: 10.28

Number of Hedge Fund Holders: 37

Coeur Mining, Inc. (NYSE:CDE) explores and develops gold and silver mines and mining properties in the US, Canada, and Mexico. It operates through the Palmarejo, Rochester, Kensington, Wharf, and Other segments. The Palmarejo segment manages a gold-silver complex, while the Rochester segment operates a silver-gold mine in northwestern Nevada. Similarly, the Kensington and Wharf segments operate an underground gold mine and an open-pit heap leach gold mine, respectively.

2024 was one of the most consequential years in Coeur Mining, Inc.’s (NYSE:CDE) nearly one-hundred-year history, as it is in the middle of an inflection point. The company has made significant investments to reposition itself as a larger-scale, lower-cost silver and gold producer with a more conservative balance sheet. The inflection point began in the second half of last year, with $85 million of free cash flow, $80 million of debt reduction, nearly $90 million of earnings, and the successful ramp-up of its Rochester expansion. Its full-year 2024 adjusted EBITDA more than doubled to $339 million compared to the prior year.

Coeur Mining, Inc. (NYSE:CDE) is well-positioned to deliver record results in 2025 and expects production levels from its five North American operations to reach over 400,000 ounces of gold and over 18 million ounces of silver this year, 20% and 62% higher than last year’s levels.