Financial Data and Key Metrics Changes - Record full-year silver and gold production increased by 57% and 23% year-over-year, respectively, with full-year record EBITDA rising 200% to over $1 billion and free cash flow increasing to $666 million from -$9 million in 2024 [3][4] - Year-end cash increased more than 10 times to $554 million, and net income rose tenfold to a record $586 million [3][4] Business Line Data and Key Metrics Changes - The three U.S. operations accounted for nearly 60% of 2025 revenue, with silver representing about 35% of total revenue [4] - Las Chispas generated $286 million of free cash flow in only 10.5 months of contribution, while Rochester's silver and gold production increased by 40% and 54% year-over-year, respectively [4][12] Market Data and Key Metrics Changes - Quarterly realized gold and silver prices increased by 21% and 40%, respectively, and are expected to strengthen further in 2026 [25] - The company anticipates silver to contribute approximately 42% of total 2026 revenue based on current prices and guidance [7] Company Strategy and Development Direction - The company is focused on integrating New Gold's operations to enhance its geographic footprint and reduce cost profiles, aiming for a combined EBITDA of approximately $3 billion and free cash flow of $2 billion on a full-year run rate basis [8][9] - A record amount of capital is allocated to exploration investments in 2026, with a 47% increase compared to 2025 levels [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position, stating it is poised for another record year in 2026, driven by a full year of production at Las Chispas and improved performance at Rochester [7][28] - The company plans to continue advancing the Silvertip project and is optimistic about the potential for adding to its silver profile [29] Other Important Information - The company shifted its reporting to metric units to align better with peers, and prior period figures have been recast for comparability [2] - The company achieved its goal of being net cash positive, with total debt declining by $250 million, or 42% year-over-year [25][26] Q&A Session Summary Question: Reserve grades at Las Chispas - Management indicated that the grade profile reflects a more conservative modeling approach, with expectations for normalization of grades going forward [34][35][38] Question: Exploration results and maiden resources at East Palmarejo - All reported ounces are outside the Franco-Nevada Gold Stream area, with ongoing exploration expected to yield additional resources [41][42] Question: Cash tax guidance breakdown - Approximately 80% of cash taxes are expected to be paid in Mexico, with some cash tax obligations in the U.S. due to limitations on tax shelters [49][50] Question: Capital returns preference - The company is considering both dividends and buybacks, with a slight preference for buybacks due to the flexibility they provide [54][55] Question: Exploration investment in New Gold assets - Management is looking to allocate additional capital to exploration at Rainy River post-integration, with a focus on regional opportunities [58][59]

Coeur Mining (NYSE:CDE) Q4 2025 Earnings call February 19, 2026 11:00 AM ET Speaker7Good day, and welcome to the Coeur Mining fourth quarter 2025 financial results conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press Star, then one on your telephone keypad. To withdraw your question, ...

2025 Fourth Quarter and Full-Year Earnings 11:00 a.m. ET, February 19, 2026 NYSE: CDE NYSE: CDE JC 2016 1 Cautionary Statements This presentation contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements involving strategic priorities and company strategies, growth, anticipated production, costs and expenses, exploration and development efforts, operations, expectations and initiatives at Las Chispas, Palmarejo, Rochester, Kensingt ...

Record full-year silver and gold production growth of 57% and 23% was driven by the Rochester expansion and the strategic acquisition of SilverCrest. Management reported a record year with net income increasing tenfold to $586 million, alongside record silver and gold production driven by the Rochester expansion, the SilverCrest acquisition, and consistent performance across North American operations. Rochester's transition to steady-state levels saw record quarterly crush and placed tons, validating ...

分组1 - Coeur Mining reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.43 per share, but showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of -18.61% [1] - The company posted revenues of $674.7 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.90%, and showing significant growth from year-ago revenues of $305.4 million [2] - Coeur Mining shares have increased approximately 22.3% since the beginning of the year, outperforming the S&P 500, which has shown a zero return [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $683.6 million, and for the current fiscal year, it is $1.99 on revenues of $2.69 billion [7] - The Mining - Non Ferrous industry, to which Coeur Mining belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Coeur Mining has a Zacks Rank of 1 (Strong Buy), suggesting that the stock is expected to outperform the market in the near future [6]

Environmental Compliance and Sustainability - Environmental compliance expenditures for 2026 are expected to range from $18.1 million to $28.1 million, including New Gold assets[25]. - Coeur aims for best-in-class environmental performance, conducting site-specific environmental risk reviews and utilizing key performance indicators (KPIs) to evaluate performance[40]. - The company has committed to a 35% net intensity reduction in greenhouse gas (GHG) emissions by the end of 2024 compared to the base year[42]. - Coeur is pursuing the Global Industry Standard on Tailings Management (GISTM) and has formalized a Tailings Management Policy[42]. - The company has increased the use of cost-effective renewable energy in its purchased electricity, reducing costs and GHG emissions[42]. - Coeur emphasizes the importance of stakeholder expectations related to environmental, social, and governance issues, including water stewardship and biodiversity[41]. Operations and Acquisitions - The Las Chispas underground silver-gold mine began operations in 2022 and was acquired by Coeur in early 2025[21]. - The Rochester mine completed a significant expansion in 2024, enhancing its operational capacity[21]. - The pending acquisition of New Gold Inc. may not occur on the expected timeline or at all, posing a risk to future operations[24]. - Coeur is in the process of acquiring New Gold Inc., which may impact its production and operational strategies[44]. - The company is in the process of amending an operating permit at Las Chispas, set to expire in November 2026, to support future activities[26]. Employee Engagement and Well-being - Employee participation in the 2025 culture assessment was 92%, exceeding industry benchmarks[30]. - Coeur aims to hire 60% of new employees from local communities, strengthening ties with local stakeholders[36]. - The average employee at Coeur earns over 40% more than the average in their local markets, according to industry benchmarking[38]. - Coeur has invested over 26,250 cumulative hours in leadership training through the IMPACT program for nearly 270 employees[33]. - Coeur has engaged a third-party mental health care provider to offer innovative care and counseling resources for employees and their families[39]. - The company implemented a Total Worker Health program in 2023 to enhance employee well-being by integrating safety and health protections[39]. - Coeur opened its first medical clinic in Lovelock, Nevada, in 2025, providing healthcare services to all employees and dependents[39]. Financial Performance - Coeur's financial results are significantly influenced by the market prices of gold and silver, which are subject to wide fluctuations[20]. - Coeur's public filings include proven and probable reserves and resources, adhering to both U.S. and Canadian reporting standards[45].

Exhibit 99.2 Wharf Operations South Dakota S-K 1300 Technical Report Summary Prepared for: Prepared by: Coeur Mining, Inc. Mr. Christopher Pascoe, RM SME Mr. Tony Auld, RM SME Report current as at: Mr. Kenan Sarratt, RM SME December 31, 2025 Mr. John Key, RM SME Mr. Troy Christensen, RM SME Wharf Operations South Dakota S-K 1300 Technical Report Summary Date and Signature Page The following Qualified Persons, who are employees of Coeur Mining, Inc. or its subsidiaries, supervised the preparation of this tec ...

CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. ("Coeur†or the "Company†) (NYSE: CDE) today reported record fourth quarter 2025 financial results, including revenue of $675 million and cash flow from operating activities of $375 million. The Company reported record quarterly GAAP net income from continuing operations of $215 million, or $0.29 per share. On an adjusted basis1, Coeur reported record quarterly EBITDA of $425 million, record cash flow from operating activities before changes in worki. ...

The value of deal activity dropped from the third quarter’s record level of $144.9 billion, but remained above the $100-billion mark.“The fourth quarter and entire second half of 2025 showed a remarkable reversal of sentiment and activity from the preceding quarters as adaptability and resiliency prevailed,” said Stephen Ng, managing director at the Toronto-based mid-market investment bank, in a release. “As market participants adjusted to the shifting macro environment, many took advantage of attractive de ...

Core Insights - Coeur Mining, Inc. focuses on the exploration and production of precious metals, operating several mines in North America, including the Palmarejo mine in Mexico and the Rochester mine in Nevada [1] - The consensus price target for Coeur Mining's stock has increased from $17.94 a year ago to $26 recently, indicating growing optimism among analysts [2][6] - The company is expected to see a significant 282% increase in earnings per share (EPS) for its Q4 earnings report, driven by rising gold and silver prices and increased production [3][6] - Coeur Mining reported a 77% increase in revenue during the third quarter, supported by its diversified North American mines and strong cash flow, which aids in debt reduction efforts [4][6] - Despite a recent decline in stock price due to falling precious metal prices, the company's earnings for the current year are projected to exceed those of the previous year [4] - The company's current valuation is higher than the industry average, leading to discussions about a bullish investment stance, supported by strong earnings estimate revisions [5]