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10-Q Filing

COEUR MINING, INC. CIK: 215466 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0000215466-22-000094
Period End Date 20220331
Filing Date 20220504
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance cde-20220331_htm.xml
Filing Contents
Balance Sheet 79 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $56.66M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $154.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $73.33M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Receivables AccountsReceivableNetCurrent $32.42M USD Point-in-time
Receivables AccountsReceivableNetCurrent $29.22M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 256.92M shares Point-in-time
Inventory InventoryNet $52.94M USD Point-in-time
Inventory InventoryNet $51.28M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 280.83M shares Point-in-time
Ore on leach pads OreOnLeachPadCurrent $89.41M USD Point-in-time
Ore on leach pads OreOnLeachPadCurrent $81.13M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $13.85M USD Point-in-time
Prepaid expenses and other OtherAssetsCurrent $14.34M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $54.24M USD Point-in-time
Current assets AssetsCurrent $259.24M USD Point-in-time
Current assets AssetsCurrent $289.58M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $319.97M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $337.45M USD Point-in-time
Mining properties, net MineralPropertiesNet $852.80M USD Point-in-time
Mining properties, net MineralPropertiesNet $913.14M USD Point-in-time
Ore on leach pads, noncurrent OreOnLeachPadNonCurrent $73.50M USD Point-in-time
Ore on leach pads, noncurrent OreOnLeachPadNonCurrent $73.13M USD Point-in-time
Restricted assets OtherRestrictedAssets $9.14M USD Point-in-time
Restricted assets OtherRestrictedAssets $9.25M USD Point-in-time
Equity securities MarketableSecurities $132.20M USD Point-in-time
Equity securities MarketableSecurities $161.89M USD Point-in-time
Other assets OtherAssetsNoncurrent $57.25M USD Point-in-time
Other assets OtherAssetsNoncurrent $63.09M USD Point-in-time
TOTAL ASSETS Assets $1.82B USD Point-in-time
TOTAL ASSETS Assets $1.73B USD Point-in-time
Accounts payable AccountsPayableCurrent $103.90M USD Point-in-time
Accounts payable AccountsPayableCurrent $103.27M USD Point-in-time
Accrued liabilities and other OtherLiabilitiesCurrent $87.95M USD Point-in-time
Accrued liabilities and other OtherLiabilitiesCurrent $82.44M USD Point-in-time
Debt DebtCurrent $29.62M USD Point-in-time
Debt DebtCurrent $29.82M USD Point-in-time
Reclamation AccruedReclamationCostsCurrent $2.85M USD Point-in-time
Reclamation AccruedReclamationCostsCurrent $2.93M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $11.27M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Current liabilities LiabilitiesCurrent $218.18M USD Point-in-time
Current liabilities LiabilitiesCurrent $235.87M USD Point-in-time
Debt LongTermDebtAndCapitalLeaseObligations $457.68M USD Point-in-time
Debt LongTermDebtAndCapitalLeaseObligations $455.87M USD Point-in-time
Reclamation MineReclamationAndClosingLiabilityNoncurrent $181.47M USD Point-in-time
Reclamation MineReclamationAndClosingLiabilityNoncurrent $178.96M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $24.65M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $21.97M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $39.69M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $37.06M USD Point-in-time
Non-current liabilities LiabilitiesNoncurrent $698.29M USD Point-in-time
Non-current liabilities LiabilitiesNoncurrent $699.05M USD Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 280.83M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 256.92M shares Point-in-time
Common stock, par value $0.01 per share; authorized 300,000,000 shares, 280,834,764 issued and outstanding at March 31, 2022 and 256,919,803 at December 31, 2021 CommonStockValue $2.81M USD Point-in-time
Common stock, par value $0.01 per share; authorized 300,000,000 shares, 280,834,764 issued and outstanding at March 31, 2022 and 256,919,803 at December 31, 2021 CommonStockValue $2.57M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $3.83B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $3.74B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.21M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.97M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.93B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-2.94B USD Point-in-time
Stockholders' equity StockholdersEquity $800.26M USD Point-in-time
Stockholders' equity StockholdersEquity $693.48M USD Point-in-time
Stockholders' equity StockholdersEquity $720.51M USD Point-in-time
Stockholders' equity StockholdersEquity $899.97M USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY LiabilitiesAndStockholdersEquity $1.73B USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY LiabilitiesAndStockholdersEquity $1.82B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 300.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 256.92M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 280.83M shares Point-in-time
Income Statement 38 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $188.40M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $202.12M USD 1 Quarter
Amortization DepreciationDepletionAndAmortization $29.94M USD 1 Quarter
Amortization DepreciationDepletionAndAmortization $26.43M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.27M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $11.55M USD 1 Quarter
Pre-development, reclamation, and other PreDevelopment $13.71M USD 1 Quarter
Pre-development, reclamation, and other PreDevelopment $11.41M USD 1 Quarter
Total costs and expenses OperatingExpenses $173.02M USD 1 Quarter
Total costs and expenses OperatingExpenses $186.80M USD 1 Quarter
Loss on debt extinguishments GainsLossesOnExtinguishmentOfDebt $-9.17M USD 1 Quarter
Loss on debt extinguishments GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Fair value adjustments, net, pretax GainLossOnDerivativeInstrumentsNetPretax $10.61M USD 1 Quarter
Fair value adjustments, net, pretax GainLossOnDerivativeInstrumentsNetPretax $-3.80M USD 1 Quarter
Interest expense, net of capitalized interest InterestExpense $4.91M USD 1 Quarter
Interest expense, net of capitalized interest InterestExpense $4.57M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $3.63M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $1.74M USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-14.26M USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $7.77M USD 1 Quarter
Income (loss) before income and mining taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $9.38M USD 1 Quarter
Income (loss) before income and mining taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $14.85M USD 1 Quarter
Income and mining tax (expense) benefit IncomeTaxExpenseBenefit $1.69M USD 1 Quarter
Income and mining tax (expense) benefit IncomeTaxExpenseBenefit $12.79M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $7.68M USD 1 Quarter
NET INCOME (LOSS) NetIncomeLoss $2.06M USD 1 Quarter
Unrealized gain (loss) on hedger, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-5.22M USD 1 Quarter
Unrealized gain (loss) on hedger, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $27.36M USD 1 Quarter
Reclassification adjustments for realized (gain) loss on cash flow hedges ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent $2.72M USD 1 Quarter
Reclassification adjustments for realized (gain) loss on cash flow hedges ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent $-460.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $24.64M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-4.76M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $2.92M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ComprehensiveIncomeNetOfTax $26.70M USD 1 Quarter
Earnings Per Share, Basic EarningsPerShareBasic $0.03 USD 1 Quarter
Earnings Per Share, Basic EarningsPerShareBasic $0.01 USD 1 Quarter
Earnings Per Share, Diluted EarningsPerShareDiluted $0.03 USD 1 Quarter
Earnings Per Share, Diluted EarningsPerShareDiluted $0.01 USD 1 Quarter
Cash Flow Statement 62 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $7.68M USD 1 Quarter
Net income (loss) NetIncomeLoss $2.06M USD 1 Quarter
Amortization DepreciationDepletionAndAmortization $29.94M USD 1 Quarter
Amortization DepreciationDepletionAndAmortization $26.43M USD 1 Quarter
Accretion AccretionExpense $3.46M USD 1 Quarter
Accretion AccretionExpense $2.90M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-8.26M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $124.00K USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-9.17M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Fair value adjustments, net FairValueAdjustmentsNet $13.74M USD 1 Quarter
Fair value adjustments, net FairValueAdjustmentsNet $-3.80M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $4.26M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $2.27M USD 1 Quarter
Inventory Write-down InventoryWriteDown - USD 1 Quarter
Inventory Write-down InventoryWriteDown $7.59M USD 1 Quarter
Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized $8.35M USD 1 Quarter
Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized $315.00K USD 1 Quarter
Foreign exchange and other OtherNoncashIncomeExpense $1.34M USD 1 Quarter
Foreign exchange and other OtherNoncashIncomeExpense $2.33M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-9.10M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-999.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $655.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $509.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $17.49M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $17.67M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-28.80M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-21.12M USD 1 Quarter
Cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-4.36M USD 1 Quarter
Cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-6.43M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $59.42M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $69.50M USD 1 Quarter
Proceeds from the sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $15.37M USD 1 Quarter
Proceeds from the sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $4.59M USD 1 Quarter
Sale of investments ProceedsFromSaleAndMaturityOfMarketableSecurities - USD 1 Quarter
Sale of investments ProceedsFromSaleAndMaturityOfMarketableSecurities $935.00K USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $17.00K USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $11.00K USD 1 Quarter
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-54.14M USD 1 Quarter
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-53.92M USD 1 Quarter
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock $98.40M USD 1 Quarter
Proceeds from Issuance of Common Stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Issuance of notes and bank borrowings, net of issuance costs ProceedsFromIssuanceOfUnsecuredDebt $367.49M USD 1 Quarter
Issuance of notes and bank borrowings, net of issuance costs ProceedsFromIssuanceOfUnsecuredDebt $85.00M USD 1 Quarter
Payments on long-term debt, capital leases, and associated costs RepaymentsOfLongTermDebtAndCapitalSecurities $103.27M USD 1 Quarter
Payments on long-term debt, capital leases, and associated costs RepaymentsOfLongTermDebtAndCapitalSecurities $243.97M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-3.92M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-3.40M USD 1 Quarter
CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $119.60M USD 1 Quarter
CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $76.73M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $272.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-51.00K USD 1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $16.43M USD 1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $61.27M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.29M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.17M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $74.72M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $155.44M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $58.29M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.17M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $74.72M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $155.44M USD Point-in-time
Stockholders Equity 16 line items
Line Item Tag Value Unit Period
Balances StockholdersEquity $800.26M USD Point-in-time
Balances StockholdersEquity $693.48M USD Point-in-time
Balances StockholdersEquity $720.51M USD Point-in-time
Balances StockholdersEquity $899.97M USD Point-in-time
Net income (loss) NetIncomeLoss $7.68M USD 1 Quarter
Net income (loss) NetIncomeLoss $2.06M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $24.64M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-4.76M USD 1 Quarter
Common stock issued for investment (in shares) StockIssuedDuringPeriodSharesNewIssues 22.05M shares 1 Quarter
Common stock issued under "at the market" stock offering StockIssuedDuringPeriodValueNewIssues $98.50M USD 1 Quarter
Common stock issued/canceled under long-term incentive plans and director fees and options, net StockIssuedDuringPeriodValueShareBasedCompensation $331.00K USD 1 Quarter
Common stock issued/canceled under long-term incentive plans and director fees and options, net StockIssuedDuringPeriodValueShareBasedCompensation $-1.71M USD 1 Quarter
Balances StockholdersEquity $800.26M USD Point-in-time
Balances StockholdersEquity $693.48M USD Point-in-time
Balances StockholdersEquity $720.51M USD Point-in-time
Balances StockholdersEquity $899.97M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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