On September 28, Coeur Mining declined 5.2% overnight, trading at $18.22/share, with turnover of $255,800.

On the news front, spot gold suffered a sudden flash crash during the Asian session, plunging nearly $70 to around $4,191/oz — well below the $4,300 level and far from the near-$5,600 high reached earlier this year. The sell-off dragged the entire gold mining sector sharply lower. Within the Gold sector, Newmont Mining fell 4.15%, Barrick Mining Corporation fell 4.03%, Wheaton Precious Metals fell 5.01%, Kinross fell 4.11%, and Agnico Eagle Mines fell 4.05%.

The broader precious metals pullback follows a period of heightened volatility. U.S. September PMI data surprised to the upside, while crude oil prices surged back above $100/barrel, reigniting Fed rate-hike expectations — with the probability of an October hike climbing to around 70%. A strengthening U.S. dollar index further pressured gold and silver prices, amplifying the downside for mining equities across the board.

Coeur Mining is a leading gold and silver producer with operations in the United States, Canada, and Mexico, holding interests in the Palmarejo, Rochester, Kensington, Wharf, and Silvertip mines.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)