Is Coeur Mining, Inc. (CDE) Among Tuesday’s Top Gainers?

We recently published an article titled 10 Firms Post Impressive Gains on Tuesday. In this article, we are going to take a look at where Coeur Mining, Inc. (NYSE:CDE) stands against the other firms.

Ten companies posted significant gains on Tuesday, mirroring the upward movement of two key Wall Street indices. The Dow Jones Industrial Average rose by 0.52%, while the S&P 500 edged up by 0.11%.

A combination of positive catalysts—including strategic partnerships, strong earnings reports, and favorable analyst outlooks—helped drive their performance. In this article, we highlight the top 10 gainers and explore the factors behind their impressive gains.

To come up with Tuesday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

Aerial view of a gold mine, reflecting the company’s precious metals mining operations.

Coeur Mining, Inc. (NYSE:CDE)

Coeur Mining, Inc. (NYSE:CDE) shares increased by 6.9 percent on Tuesday to finish at $6.35 apiece ahead of the announcement of its fourth quarter and full-year 2024 earnings results on February 19, 2025, and developments on its proposed merger with SilverCrest Metals Inc.

In October this year, Coeur Mining, Inc. (NYSE:CDE) announced that it was fully acquiring SilverCrest, pursuant to a court-approved plan of arrangement. Upon completion of the deal, Coeur Mining will gain access to SilverCrest’s vast portfolio of silver and gold mines in Canada.

If approved by the court, the acquisition would add 21 million ounces of silver production to Coeur’s portfolio and would represent 56 percent of revenues from US-based mines and 40 percent of silver revenues.

Overall CDE ranks 6th on our list of Tuesday’s top gainers. While we acknowledge the potential of CDE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CDE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.