Coeur Mining Q3 Loss Narrows

(RTTNews) - Coeur Mining Inc. (CDE) Monday reported third-quarter net loss of $14.3 million or $0.06 per share, narrower than last year's loss of $53.0 million or $0.29 per share last year.

Net sales were $199.5 million, up from $148.8 million reported last year.

Analysts had expected the company to report loss of $0.02 per share on revenues of $197.48 million, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company reaffirmed its full-year 2019 production guidance of 334,000 - 372,000 ounces of gold, 12.2 - 14.7 million ounces of silver, 25 - 40 million pounds of zinc and 20 - 35 million pounds of lead.