Coeur Mining (CDM1.DE) Stock Analysis & Winston Score
Coeur Mining is a silver and gold mining company based in the United States. It digs precious metals out of the ground at mines located across North America, then sells that metal to refiners, banks, and commodity traders. Coeur is one of the larger primary silver producers listed on a US stock exchange, with gold making up a growing share of its output. The company makes money by selling silver and gold at market prices, so its revenue rises and falls with commodity prices rather than from subscriptions or contracts. Coeur operates mines in the US, Canada, and Mexico, and reported a market cap near $10 billion, reflecting significant growth in recent years. Its main competitive advantage is owning long-life mines in stable, mining-friendly jurisdictions. The biggest risk the business faces is a sustained drop in silver or gold prices, which would directly compress margins and cash flow regardless of how efficiently the company operates.
Winston Score: 65/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Mixed (13/30)
- Growth: Exceptional (20/20)
- Cash Flow: Exceptional (10/10)
- Stability: Exceptional (10/10)
- Valuation: Exceptional (9/10)
- Ownership: Weak (2/15)

