NEW YORK, June 29, 2026, 19:03 EDT
- Coeur Mining, Inc. NYSE:CDE ended up 1.94% at $16.33. Gold and silver miner ETFs were down.
- Spot gold dropped 1.7% to $4,020.68 an ounce, while spot silver lost 1.6% to $58.19. Worries about rates outweighed haven buying.
- Coeur joined the S&P MidCap 400 before the open on June 22, adding a new index-flow driver for the stock.
Coeur Mining, Inc. NYSE:CDE climbed Monday even as most gold and silver stocks slipped, a rare split that lets investors see if CDE is moving more with indices now, not just with metals prices.
U.S. stocks traded as usual Monday. The New York Stock Exchange schedule listed June 29 as open, with hours from 9:30 a.m. to 4 p.m. EDT. MarketWatch kept Coeur flat after hours at $16.33 at 6:51 p.m. EDT, following a 31-cent gain in the session. Trading volume reached 35.4 million shares, 119% above its 65-day average.
The stock closed close to the high end of its $15.82-$16.41 session range. That stood out with most metals stocks trading lower. Coeur outperformed the VanEck Gold Miners ETF NYSEARCA:GDX by roughly 3.6 percentage points and beat the Global X Silver Miners ETF NYSEARCA:SIL by around 3.2 points.
| Instrument | Last price | Monday move | Gap vs Coeur |
|---|---|---|---|
| Coeur Mining NYSE:CDE | $16.33 | up 1.94% | — |
| VanEck Gold Miners ETF NYSEARCA:GDX | $75.68 | down 1.70% | 3.64 pts higher |
| Global X Silver Miners ETF NYSEARCA:SIL | $77.41 | off 1.29% | 3.23 pts above |
| SPDR Gold Shares (NYSEARCA:GLD) | $368.58 | fell 1.36% | gap of 3.30 pts |
| iShares Silver Trust NYSEARCA:SLV | $52.68 | lost 1.16% | up 3.10 pts |
| SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) | $697.92 | added 0.37% | 1.57 pts higher |
| SPDR S&P 500 ETF Trust NYSEARCA:SPY | $741.00 | up 1.68% | just 0.26 pts over |
ETF prices and changes shown as of about 6:45 p.m. EDT. Percentage moves are based on Reuters-style math using quoted data.
Gold slipped as fresh U.S.-Iran jitters pushed oil higher and stoked fears inflation might keep the Fed on hold. “Some uptick in tensions over the weekend” and a “more hawkish Fed tilt” were in the market, Peter Grant, vice president and senior metals strategist at Zaner Metals, said. Grant added gold “could edge to new lows” if jobs data holds up. Reuters
Coeur didn’t track the major stock indexes, which jumped on the day. The S&P 500 added 1.18% and the Nasdaq picked up 2.07% while mining stocks lagged behind. Spartan Capital’s Peter Cardillo said traders were “preparing for earnings season.” Reuters pointed to some quarter-end buying as a possible driver for U.S. stocks. Reuters
Coeur is trading in its first week after joining the S&P MidCap 400. The company said it got added before the start of trading June 22 on the back of two acquisitions, putting its total operations at seven in the US, Canada and Mexico. That kind of move can draw in benchmark tracker funds, not just silver-focused traders.
A quick peer screen of small U.S.-listed players showed a similar split. Coeur was the only precious-metals stock in the group trading higher.
| Company | Ticker | Monday move | Gap vs Coeur |
|---|---|---|---|
| First Majestic Silver Corp. | NYSE:AG | fell 0.39% | 2.32 points ahead |
| Pan American Silver Corp. | NYSE:PAAS | lost 1.74% | gap up by 3.68 |
| Hecla Mining Co. | NYSE:HL | dropped 0.90% | 2.84 points over Coeur |
| Wheaton Precious Metals Corp. | NYSE:WPM | slipped 2.13% | beat by 4.06 points |
| Newmont Corp. | NYSE:NEM | down 1.70% | leads by 3.63 |
| Gold Fields Ltd. | NYSE:GFI | moved down 0.64% | up 2.58 on Coeur |
Peer moves use recent finance quotes pulled around 6:45 p.m. EDT.
Coeur is known for moving more than silver itself. Benzinga said Monday that silver was sitting near a long-term support level and noted Coeur often trades with high sensitivity to the metal—it can gain more in a rising market, but losses can build if silver falls through support.
TD Securities’ Bart Melek told Kitco he sees gold slipping under $3,900 this year but rallying to $5,300 in 2027. Melek said the dip would be a “strategic buying opportunity.” He also said Brent could push into the “$90–110/bbl range,” which could lift inflation and keep pressure on the rate trade. Kitco
For Coeur holders, silver isn’t the only thing to watch. The question now is whether the stock can still attract index and mid-cap money if gold pushes $4,000 again and silver holds below $60. Kitco’s Monday PM report showed spot silver support standing at $55.70 with first resistance up at $59.58. That leaves Coeur’s Monday outperformance hanging on the metal’s next move.
