CHICAGO (AP) — CHICAGO (AP) — Coeur Mining Inc. (CDE) on Wednesday reported fourth-quarter net income of $37.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Chicago-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring costs, were 11 cents per share.
The silver mining company posted revenue of $305.4 million in the period.
For the year, the company reported net income of $58.9 million, or 15 cents per share, swinging to a profit in the period. Revenue was reported as $1.05 billion.
Coeur Mining shares have risen 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.35, more than doubling in the last 12 months.
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