Court Approval Brings Coeur Mining New Gold Deal And Valuation Into Focus

• The Supreme Court of British Columbia has granted final approval to Coeur Mining’s acquisition of New Gold.
• The ruling marks a key milestone toward completing a major merger in the North American precious metals sector.
• The transaction still depends on remaining regulatory clearances before closing.

For investors watching NYSE:CDE, this court decision puts Coeur Mining closer to integrating New Gold into its business. The company last closed at $20.32, with a very large 1 year return and a 7x 3 year gain, while the 7 day return shows a 20.2% decline. Over 5 years, the stock is up 104.6%, underscoring how sharply the share price has moved over multiple time frames.

If the deal closes as planned, Coeur would be working with a broader operating portfolio and greater diversification in precious metals. The remaining approvals and the integration process will be important for investors to watch as they assess how this merger could reshape Coeur Mining’s risk profile and earnings mix over time.

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Why Coeur Mining could be great value

Quick Assessment

• ✅ Price vs Analyst Target: At US$20.32, Coeur Mining trades about 20% below the US$25.42 analyst price target range midpoint.
• ✅ Simply Wall St Valuation: Shares are flagged as trading 31.8% below an estimated fair value, suggesting a discount to intrinsic estimates.
• ✅ Recent Momentum: The 30 day return of roughly 15.8% points to positive short term price momentum.

Check out Simply Wall St’s
in depth valuation analysis for Coeur Mining.

Key Considerations

• 📊 Court approval reduces deal uncertainty. Your focus now is on remaining regulatory steps and how New Gold will be integrated into Coeur Mining’s operations.
• 📊 Monitor how the combined company affects Coeur Mining’s earnings mix and its P/E of 31.9 versus the 27.8 industry average. It may also be useful to watch whether the share price stays below the US$25.42 analyst target.
• ⚠️ One flagged major risk is past shareholder dilution, which is important to remember as you weigh any future capital raising or share issuance tied to the acquisition.

Dig Deeper

For the full picture, including more risks and rewards, check out the
complete Coeur Mining analysis.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

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