Coeur Mining Receives Reiterated Buy Rating Amid Major Acquisition Plans

Market analysts continue to focus on Coeur Mining, with Roth MKM reaffirming its bullish stance on the U.S. precious metals producer this week. The firm maintained its $20.00 price target, suggesting significant upside potential from recent trading levels near $16.91. This endorsement arrives during a period of notable volatility for the stock and ongoing market scrutiny of the company's planned multi-billion dollar acquisition of New Gold.

The investment thesis for Coeur Mining currently hinges on two parallel narratives: a transformative corporate deal and solid operational progress.

The New Gold Transaction: Announced on November 3, 2025, Coeur's proposed acquisition of New Gold carries an approximate $7 billion price tag. The deal aims to forge a leading North American precious metals entity. However, the scale of the transaction has introduced concerns about near-term dilution effects, a factor that has weighed on the share price since it reached a 52-week high of $23.62.

Exploration Success: On December 8, the company reported encouraging exploration results from its Palmarejo complex. The expansion of resources there highlights Coeur's longer-term growth prospects independent of the merger.

Analyst Perspective Provides Stability

Roth MKM analyst Joe Reagor confirmed his "Buy" recommendation and the $20.00 price objective, implying a potential gain of roughly 18 percent. His assessment is grounded in the company's operational outlook and the strategic repositioning expected from the pending acquisition.

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

This confirmation provided a stabilizing signal after a week of pronounced price swings. Some market speculation had anticipated a price target increase to $23.00, which did not materialize. Nevertheless, the reiterated positive view underscores analyst confidence.

Navigating a Complex Market Backdrop

December trading has been turbulent, reflecting broader sector dynamics. On December 12, Coeur's stock surged over 9%, lifted by rising gold and silver prices. Yet, the month is traditionally challenging for mining equities due to tax-loss selling pressures, adding another layer of complexity to the stock's performance.

The Path Forward: Execution is Key

The coming months are critical for Coeur Mining. The closure of the New Gold acquisition is anticipated in the first half of 2026. Before that, the Q4 and full-year 2025 earnings report, expected around mid-February 2026, should offer further insight into the company's standalone operational health.

From a technical standpoint, the shares have found support around the $16.00 area. Immediate resistance levels are seen near $18.18, with the psychologically significant $20.00 mark representing the next major hurdle, aligning with Roth MKM's price target.