We recently compiled a list of the 10 Cheap Stocks to Buy Now for Long Term. Coeur Mining, Inc. is another cheap stock to buy on this list.
TheFly reported on March 25 that Roth Capital adjusted its price target for CDE to $24 from $29 while retaining a Buy rating. The update reflects recent declines in gold and silver prices, with the revised cost guidance negatively influencing the firm’s valuation model.
Earlier on March 20, Coeur Mining, Inc. (NYSE:CDE) announced it had finalized the acquisition of New Gold Inc. through the previously disclosed agreement from November 3, 2025. In the transaction, New Gold shareholders received 0.4959 shares of CDE common stock for each New Gold share, resulting in the issuance of approximately 392.7 million new CDE shares and a total post-transaction share count of about 1.03 billion. CDE’s stock began trading on the Toronto Stock Exchange under the ticker “CDE” on March 16, 2026.
The company plans to release further details on the anticipated benefits of the acquisition on March 23, including consolidated guidance for 2026, year-end 2025 reserve and resource updates for New Afton and Rainy River, and updates on capital return priorities. BMO Capital Markets and RBC Capital Markets served as financial advisors, with Goodmans LLP and Gibson, Dunn & Crutcher LLP providing legal counsel.
Coeur Mining, Inc. (NYSE:CDE) is a U.S.–based precious metals mining company engaged in the exploration, development, and production of gold and silver across multiple operating mines in the Americas.
While we acknowledge the potential of CDE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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