Coeur d'Alene Mines Corp.'s (CDE) first-quarter net income surged to $12.27 million, or $0.14 a share, from $3.98 million, or $0.04 a share, last year. On average, 6 analysts polled by Thomson Reuters expected earnings per share of $0.22 for the quarter. Analysts' estimates typically exclude one-time items.
However, the company reported lower metal sales of $171.8 million, compared with the prior-year figure of $204.56 million, due to lower metal prices and fewer silver ounces sold, which was partially offset by more gold ounces sold. Analysts estimated revenues of $211.37 million for the quarter.
Additionally, the company reaffirmed its 2013 full-year production guidance of 18.0 million ounces - 19.5 million ounces of silver and 250,000 - 265,000 ounces of gold.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.