Coeur Mining Shares Maintain Exceptional Momentum

The mining sector in 2025 has a standout performer: Coeur Mining. The company's stock has delivered gains exceeding 150% since the start of the year, significantly outpacing many of its industry peers. The question for investors is whether this rally has room to run. Recent commentary from market analysts and encouraging exploration updates suggest the gold and silver producer may possess further upside potential.

Fundamentally, the share price advance is supported by robust financial performance. For the third quarter of 2025, Coeur Mining reported a year-over-year revenue surge of nearly 77%. Its adjusted EBITDA hit a new record of $299 million, and the company generated positive free cash flow for the fifth consecutive quarter.

Concurrently, management is aggressively pursuing expansion. The planned $7 billion acquisition of New Gold Inc. is set to create a North American mining giant. Expected to close in the first half of 2026, this merger aims to establish a company with seven operational mines and a projected market capitalization of approximately $20 billion.

Exploration Success Fuels Long-Term Prospects

Beyond favorable market conditions, operational progress is generating significant investor interest. A key development was the December 8 exploration update for the Palmarejo complex in Mexico. Coeur announced results from its most extensive drilling campaign since 2012, involving over 68,000 meters of drilling across the vast site.

The findings were substantial:
* Hidalgo Corridor: Mineralization was extended by 500 meters.
* New Discovery: A new mineralized zone spanning over 900 meters was confirmed within the Camuchín trend.
* Future Potential: To date, only three percent of the 300-square-kilometer area has been explored.

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

CEO Mitchell J. Krebs emphasized that these discoveries are expected to further extend the mine's lifespan, building on the significant resource increase achieved the previous year.

Analysts Revise Targets Upward

The latest upward move in the share price as the week closed was largely propelled by fresh analyst support. Strategists at Roth Capital raised their price target on December 15 from $20 to $23, reiterating their buy recommendation. They cited the strength in precious metals prices as a primary catalyst, with gold trading above $4,300 per ounce.

Additional endorsement came from Wall Street Zen, which upgraded its rating from "Hold" to "Buy" on Saturday, pointing to the company's improved operational execution. This follows an earlier move by TD Cowen in November, which increased its target to $25, underscoring the growing confidence on Wall Street in the corporation's strategic direction.

Looking Ahead

Coeur Mining is scheduled to release its next quarterly figures on February 18, 2026. The market will be keenly focused on updates regarding the integration of New Gold and further production details. While the shares closed at €15.55, below their 52-week high, they continue to benefit from a strong precious metals pricing environment and a solid balance sheet.