Silver and Gold Rally: Mining Stocks Gain $49 Billion in Market Cap in One Day in New York

At the New York Stock Exchange, shares of Coeur Mining Inc. (NYSE: CDE) leapt 14.12% on the 31st, closing at $18.83 (approximately ₩29,000). Heavy trading pushed its market capitalization up to about $19.5 billion (roughly ₩30 trillion), reflecting a one-day increase—not a loss—of around $3.2 billion (₩4.9 trillion).

After posting record silver and gold production and revenue in 2025, Coeur has further scaled up through its acquisitions of SilverCrest and New Gold, and by raising its 2026 production guidance, it has bolstered growth expectations. Major brokerages have recently expanded coverage, citing the company’s mid- to long-term production growth and its $750 million share-repurchase plan as the basis for a positive outlook.

Coeur Mining is a U.S.-based precious metals miner listed on the NYSE, and is a leading silver producer with multiple operations across the Americas, including the Rochester mine in Nevada and the Kensington mine in Alaska. Its performance and share price are highly sensitive to silver and gold prices and the outcome of large M&A deals, classifying it as a high-risk, high-volatility play tied to commodity cycles.