10 Stocks That Underperformed Last Week

7. Coeur Mining Inc. (NYSE:CDE)

Shares of Coeur Mining fell by 17.4 percent week-on-week, finishing Friday’s trading at $5.46 versus the $6.61 registered on February 14 as investor sentiment was dampened by missed expectations on its earnings performance despite marking an improvement.

According to CDE, it was able to narrow its net loss by 43.4 percent to $58.9 million last year from the $103.6 million registered in 2023, as revenues rose 28 percent to $1.05 billion year-on-year.

Loss per share also stood at $0.15. Albeit better than the $0.30 loss in full-year 2023, it missed analyst expectations by 27 percent.

In recent news, CDE successfully acquired SilverCrest Metals, with the latter’s shareholders receiving 1.6022 CDE common shares for each SilverCrest common share. CDE issued more than 239 million shares in the transaction.