Coeur Mining Stock Drops 4.86%, Wipes Out $1.1 Billion Amid Metals Volatility

Coeur Mining's stock price plummeted by 4.86% on Friday, August 30, 2026, to $21.13 per share, wiping out approximately $1.1 billion from its equity value.

This decline far exceeded the fall in gold and silver futures prices, which dropped 0.63% and 0.92%, respectively, amid hawkish Federal Reserve language that weighed on mining shares.

The company's management expects to generate $2.3 billion in adjusted EBITDA and $1.5 billion in free cash flow for the year, with an average analyst target of $23.32 implying a 10.4% upside from current prices.