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« First Gold, Then Silver And Now…Platinum Manipulation Says Expert | Main | John Embry - Silver Is The Cheapest Asset In The World Today »
Monday
Sep292014

Why Coeur Mining Stock Has Plunged 48% in 2014

It's hard to believe that just a few years ago, silver had reached a 30-year high, and the prospects for Coeur Mining (NYSE: CDE  ) and other silver miners seemed limitless as the bull market in precious metals extended well beyond the decade mark. Yet the commodity markets are fickle, and with silver prices plunging from their 2011 peaks, Coeur Mining has had to overcome not only challenging conditions in the industry but also some company-specific threats to its long-term success.

Coeur Mining is far from the only silver investment to face tough times in 2014, as silver-mining peer Hecla Mining (NYSE: HL  ) and bullion ETF iShares Silver Trust(NYSEMKT: SLV  ) have also suffered losses this year. But Coeur's drop has been especially large, revealing some of the more specific challenges that it faces. Let's take a closer look at Coeur Mining with the hope of deciding whether its worst days are finally behind it.


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With all-in sustaining costs at around $19 per silver equivalent ounce some of these silver producers are a real concern.

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