Coeur Reports Fourth Quarter and Full-Year 2016 Results

Autor: Coeur Mining, Inc.
Zdroj: Business Wire (English). 02/08/2017.
Abstrakt: Coeur Mining, Inc. (the “Company” or “Coeur”)(NYSE:CDE) today reported 2016 financial results, posting net income of $55.4 million, or $0.34 per share, and cash flow from operating activities of $125.8 million, an increase of $12.3 million, or 11%, over 2015. Adjusted EBITDA1 for the year was $215.2 million, increasing nearly $90 million, or 68%, year-over-year. Over the course of 2016, the Company also meaningfully strengthened its balance sheet, ending the year with total outstanding debt of $210.9 million, a 57% reduction compared to a year ago, net debt1 of $48.7 million, and a year-end cash balance of $162.2 million. [ABSTRACT FROM PUBLISHER]
Databáze: Regional Business News
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