Coeur Mining Reports Q3 Adjusted Net Loss of $14.2 Million

Coeur Mining Inc. (NYSE:CDE) released its Q3 results, commenting that its revenue came in at $162.6 million, while it incurred an adjusted net loss of $14.2 million, or $0.16 per share.
It sold 9.5 million silver equivalent ounces during the period. That equates to 91,118 ounces of gold and 4 million ounces of silver.
Other Q3 highlights include:

• Silver production was 3.8 million ounces and gold production was 85,769 ounces, or 9.0 million silver equivalent1 ounces, as previously announced on October 6, 2015
• Silver sales were 4.0 million ounces and gold production was 91,118 ounces, or 9.5 million silver equivalent1 ounces, up 5% from the second quarter
• Adjusted costs applicable to sales were $12.07 and adjusted all-in sustaining costs were $15.17 per silver equivalent ounce1 , the lowest levels since Coeur began reporting these metrics in 2013
• Adjusted costs applicable to sales per silver equivalent ounce1 at Palmarejo declined 14% from the second quarter to $11.40
• Adjusted costs applicable to sales per gold equivalent ounce1 at Wharf dropped 26% from the second quarter to $716
• Cash, cash equivalents, and short-term investments were $205.7 million at September 30

Click here to read the full Coeur Mining Inc. (NYSE:CDE) press release.