We recently published a list of These 10 Stocks Moved the Market This Week, Here’s Why. In this article, we are going to take a look at where Coeur Mining, Inc. (NYSE:CDE) stands against other stocks that moved the market this week. The stock market edged lower week-on-week, as cautious investors repositioned their portfolios ahead of the United States and China’s high-stakes negotiations on trade policies that have for months dented global economies. On a week-on-week basis, the Dow Jones was down by 0.16 percent, the S&P 500 dropped 0.47 percent, while the Nasdaq dipped by 0.27 percent. Beyond the major indices, 10 companies bucked a wider market decline, with gains skyrocketing in just a week’s trading. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. The stocks were chosen based on the highest percentage increase in closing prices on May 9 as against their prices a week earlier, or on May 2.Why Coeur Mining, Inc. (CDE) Skyrocketed This Week Aerial view of a gold mine, reflecting the company's precious metals mining operations. Coeur Mining, Inc. (NYSE:CDE) Coeur Mining, Inc. (NYSE:CDE) saw its share prices soar by 47.6 percent week-on-week to end Friday at $7.84 versus the $5.31 close on May 2, as investor sentiment was boosted by its strong earnings performance in the first quarter, coupled with a highly optimistic outlook for the rest of the year. In a statement, Coeur Mining, Inc. (NYSE:CDE) said it swung to a net income of $33.4 million from a $29.1 million net loss in the same period last year as revenues jumped by 69 percent to $360.1 million from $213.1 million year-on-year. With the strong figures, Coeur Mining, Inc. (NYSE:CDE) President and CEO Mitchell Krebs believed that the company is now in a strong position to deliver record operational and financial results for the rest of the year. For full year 2025, Coeur Mining, Inc. (NYSE:CDE) expects to produce 95,000 to 105,000 ounces of gold and 5.4 million to 6.5 million ounces of silver. It also targets to spend between $26 million and $32 million, consisting primarily of sustaining capital and underground development. Overall, CDE ranks 2nd on our list of stocks that moved the market this week. While we acknowledge the potential of CDE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CDE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. Story Continues READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. View Comments
Why Coeur Mining, Inc. (CDE) Skyrocketed This Week
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