Coeur Mining: Silver miner with heart and soul

Coeur Mining is a US precious metals producer focused on gold and silver mining with a diversified base of operating properties in North and South America. The key points of the company's strategy include a focus on high-growth locations in mining-friendly regions, the use of exploration and expansion investments to promote long-term growth, and the application of leading practices in the area of corporate responsibility. The company aims to be a leading supplier of precious and critical minerals that are essential to the modern economy and the transition to a low-carbon future. At the same time, the company is committed to strong environmental responsibility, safety, and positive community relations.

Here are a few words about the company's philosophy:

Strategy:

The company strives to be America's leading and growing supplier of valuable and critical minerals, based on a balanced, promising asset base in mining-friendly jurisdictions and supported by leading sustainability practices.

Purpose:

A higher standard is sought. This principle guides everything that is done and is the basis for daily actions.

Values:

The company protects its employees, locations, and the planet, develops high-quality resources and growth plans, and achieves impressive results through teamwork.

As in the recently published analysis on Hecla Mining, it should be emphasized once again that silver mining stocks are, so to speak, 1:1 dependent on the price of silver. We would therefore not recommend these stocks if we were not bullish on the price of silver – no matter how good the fundamentals look. Silver mines have a leverage effect on the underlying precious metals in the final stages of precious metal bull markets. Since precious metals often rise the strongest or fastest in the late stages of bull markets, mining companies only really take off then – often disproportionately to the silver price itself. Since we firmly believe that we have not yet reached the final stage of the bull market for silver, there is still massive potential here.

Remember what we said in previous chat posts, webinars, etc. The Fed will have no choice but to cut interest rates. And that is exactly what was confirmed last Friday in Jerome Powell's dovish speech in Jackson Hole. Precious metals subsequently made a big jump upwards.

After the Russian central bank decided to add silver to its strategic reserves from 2025, another extremely interesting announcement has now been made. The central bank of Saudi Arabia is also starting to invest in silver. This could be an absolute paradigm shift, as it would amount to a “remonetization” of silver.

From a technical perspective, Coeur Mining should be in an “iii,” an “iii,” or a “c.” In any case, this should still allow for significant upside potential. The absolute minimum target would be $16.40. However, we also expect a price target of $25.20. This could happen very quickly if silver suddenly begins its final parabolic rise.

Note: The analysis was already published in advance in the Telegram Pro chat.