What is Coeur Mining, Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Coeur Mining, Inc.'s reported free cash flow gives $37.69 per share. The share price was $15.40 on November 10, 2026, 59% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $23.65 | +54% |
| Base | 15.0% | 9.0% | $37.69 | +145% |
| Bull | 20.0% | 8.0% | $63.84 | +315% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $48.32 | $51.64 | $55.69 | $60.75 | $67.26 |
| 8.0% | $40.34 | $42.49 | $45.03 | $48.07 | $51.80 |
| 9.0% | $34.53 | $36.00 | $37.69 | $39.67 | $42.01 |
| 10.0% | $30.12 | $31.16 | $32.35 | $33.70 | $35.27 |
| 11.0% | $26.67 | $27.44 | $28.29 | $29.26 | $30.35 |
Where the presets come from
Base: years 1 to 5 grow at Coeur Mining, Inc.'s revenue growth rate over the last 5 fiscal years (21.4% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions