Coeur Mining Receives Key Endorsement for New Gold Acquisition

Shares of Coeur Mining have been on a sustained upward trajectory, and that momentum has gained significant institutional validation. The company's aggressive expansion strategy received a major boost with a crucial recommendation from the influential proxy advisory firm, Institutional Shareholder Services (ISS). As silver prices reach unprecedented levels, investors are assessing whether the path is now clear for the proposed merger with New Gold.

The current environment for precious metals miners is exceptionally strong. The price of silver recently surpassed the $90 per troy ounce threshold, a move that promises to significantly bolster profit margins for producers. Coeur Mining's stock has already surged more than 215% over the past six months, closing its most recent session at $20.76. This rally is unfolding alongside the proposed merger, creating a potent narrative for the equity.

ISS Recommendation Clears a Major Hurdle

The formal support from ISS, confirmed on Thursday, represents a pivotal development. The leading shareholder advisory service is recommending that New Gold investors vote in favor of the planned combination. This endorsement drastically increases the likelihood of the transaction's successful completion.

ISS based its positive assessment on the anticipated operational synergies and the strengthened balance sheet of the combined entity, which would become a new heavyweight in the sector. The critical shareholder vote is scheduled for January 27, 2026.

Under the proposed terms, New Gold shareholders would receive 0.4959 Coeur shares for each of their holdings. Upon deal closure, existing Coeur Mining shareholders would own approximately 62 percent of the merged company.

Should investors sell immediately? Or is it worth buying Coeur Mining?

Upcoming Financial Catalysts

Beyond the merger speculation, the market is focusing on an imminent financial report. Coeur Mining is set to release its fourth-quarter and full-year 2025 results after the market closes on February 18, 2026. Analyst expectations are high, forecasting a revenue leap to approximately $668.70 million. This would represent more than a doubling compared to the $305.44 million reported in the same quarter the previous year.

Wall Street also anticipates a massive 118 percent increase in earnings per share (EPS), projecting a figure of $0.24. These robust fundamental projections support the current valuation. The company is trading at a PEG ratio of about 0.28, indicating a valuation heavily predicated on future growth expectations.

Analyst Outlook and Forward Risks

Despite the substantial rally, analysts see further potential. The median price target for Coeur Mining stock stands at $22.50, implying an additional upside of roughly 14 percent. Roth Capital recently raised its target even higher, to $23.

In the near term, however, share price volatility is expected to remain heavily influenced by two factors: fluctuations in the silver price and the ultimate outcome of the shareholder vote on January 27, 2026. A successful acquisition would forge a new giant in the precious metals mining industry.