Coeur Mining (CDE) Stock Surges on New Gold Deal Vote Timeline and Palmarejo Exploration Momentum: What’s Driving the Move on Dec. 22, 2025
Coeur Mining shares rose about 6.7% to $18.25 on Dec. 22 after New Gold began mailing proxy materials for a Jan. 27 shareholder vote on Coeur’s all-stock acquisition. New Gold shareholders would get 0.4959 Coeur shares per New Gold share and hold about 38% of the combined company. The deal has Canadian Competition Act approval and is expected to close in the first half of 2026.