Coeur Mining (CDE) May Be Fully Valued After Strong 2025 Rally

Coeur Mining, Inc. (NYSE:CDE) is one of the 12 cheap gold stocks to buy now.

As of December 12, 2025, Coeur Mining, Inc. (NYSE:CDE) boasts over 200% returns in 2025 alone and 87% over the past six months, having reached its 52-week high of $23.62 on October 16. While this reflects strong investor interest in the gold and silver producer, Cantor Fitzgerald holds a contradictory view. The firm downgraded the stock from “Overweight” to “Neutral” at the end of October, believing that the shares are fully or fairly valued following the significant price run. Yet the stock has bullish sentiment from 75% of analysts, with a consensus price target implying 24.64% upside as of December 12.

Following its strong momentum, Coeur Mining, Inc. (NYSE:CDE) released an update on December 8, 2025, regarding its exploration program at the Palmarejo gold-silver complex in Chihuahua, Mexico. The update detailed the completion of approximately 68,000 meters of diamond drilling across a 300 km² land package, with 3% of the package remaining unexplored. The program is the company’s largest exploration campaign since 2012.

After allocating 60% of this year’s exploration budget to Palmarejo, Coeur Mining, Inc. (NYSE:CDE) welcomed the positive results, which highlighted significant growth potential. The growth-potential areas include extensions of the Hidalgo, Libertad, and San Juan veins, confirmation of continuity between Independencia Sur and Independencia Norte, and discoveries at East Palmarejo’s San Miguel, La Union, and Camuchin trends.

At the end of the third quarter, Coeur Mining, Inc. (NYSE:CDE)’s management raised full-year 2025 gold production guidance for the mine from 95,000-105,000 ounces to 96,000-106,000 and silver guidance from 5.4-6.5 million ounces to 6.0-6.8.

Coeur Mining, Inc. (NYSE:CDE) is focused on the production of gold and silver, with its operations spanning the U.S., Canada, and Mexico.

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Disclosure: None.