Coeur Mining Shares Rise as Silver Price Divergence Draws Attention Ahead of Key Earnings Report
Coeur Mining (CDE) shares rose on July 27 after hours as trading began, despite finishing the session at $15.36 with a 1.5% gain.
The company's silver price divergence is drawing attention ahead of its August 5 earnings report, which will reflect a complete quarter of contributions from New Afton and Rainy River mines.
The spot silver price stood at 29.5% under the average level realized by Coeur in the first quarter, while gold prices climbed 0.5% on Monday, with silver also up 0.5%.