NEW YORK, June 11, 2026, 15:06 (EDT)
- Coeur Mining shares rose roughly 5.2% on strong volume in the afternoon. Market value was around $16.8 billion.
- The next big event for the stock is the planned move into the S&P MidCap 400, set to happen before trading starts on June 22.
- Precious metals funds were stronger too. Silver ETFs and mining funds jumped during the session.
Coeur Mining, Inc. shares moved higher Thursday afternoon, getting a lift from a strong session for silver and mining names. Traders also positioned ahead of Coeur’s pending entry into the S&P MidCap 400 Index. The stock was last seen at $16.205, up $0.795, after seeing a range between $15.26 and $16.45. Volume topped 23.7 million shares as of 2:51 p.m. EDT.
Coeur’s market cap landed near $16.76 billion, keeping it on the radar for mid-cap materials traders as the June 22 index change approaches. CDE shares have been choppy: the stock closed at $15.41 on June 10, slipping from $16.73 on June 8 and $16.09 on June 9, according to its stock-history feed.
Precious metals stocks had a good day Thursday. The Global X Silver Miners ETF hovered near $77.98, up 5.0%. The iShares Silver Trust added 3.9%. VanEck Gold Miners ETF rose 4.4%. Coeur’s gain came with the sector rally, not just from company news.
Index moves drove more buying. S&P Dow Jones Indices said Coeur Mining will join the S&P MidCap 400 before the open Monday, June 22, in its regular quarterly rebalance. Coeur goes into the Materials sector, with BellRing Brands coming out.
Coeur said this week that it’s getting added to the MidCap 400, linking the change to its growth after closing two acquisitions and its role as a senior precious metals producer with a North American footprint. Coeur called the S&P MidCap 400 a key benchmark for institutional investors and index funds focused on mid-cap U.S. stocks.
Investor outreach is also underway. Coeur said Chairman, President and CEO Mitchell J. Krebs and CFO Thomas S. Whelan will go to the RBC Capital Markets Global Mining & Materials Conference in New York on Thursday. Presentation materials will be up on the company’s website.
Coeur’s addition to the index comes after the company wrapped up two big deals. Coeur completed the New Gold buyout on March 20, issuing about 392.7 million shares. That put its total outstanding shares at nearly 1.03 billion after the deal. In February 2025, Coeur closed its SilverCrest acquisition, issuing around 239.3 million shares.
Deals changed Coeur’s lineup. Reuters calls Coeur a diversified precious metals producer with seven sites: New Afton in British Columbia, Rainy River in Ontario, Las Chispas and Palmarejo in Mexico, Rochester in Nevada, Kensington in Alaska, and Wharf in South Dakota. There’s also the Silvertip exploration project in British Columbia.
Coeur’s index upgrade comes after the company reported its first-quarter 2026 earnings. The miner posted $856 million in revenue, cash flow from operations at $341 million and GAAP net income from continuing operations of $247 million, or $0.35 per share. Coeur said it produced 96,503 ounces of gold and 4.4 million ounces of silver in the quarter and kept its full-year production guidance for gold, silver and copper unchanged.
Capital returns are in focus now. Coeur rolled out a first-ever dividend of $0.02 a share for the first half of 2026, set to be paid June 10 to holders on record. That ties in with its new semiannual dividend plan. Coeur’s first-quarter statement also flagged a larger $750 million share buyback and a fresh $1 billion revolving credit line.
