Loading ...I got a book in the mail telling me to vote. Rather than read the story I asked ChatGPT, so I’ll relay what was said.
ME>>Re CDE Coeur Mining, what do they want us to vote on, briefly.
Briefly — Coeur Mining (CDE) wants shareholders to vote on a special meeting related to a planned acquisition of New Gold:
What you are being asked to vote on:
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Charter Amendment: Approve increasing the number of authorized shares of Coeur Mining common stock (from 900 million to 1.3 billion).
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Stock Issuance: Approve issuing Coeur shares to New Gold shareholders as part of the planned all-stock merger/ acquisition of New Gold by Coeur. Stock Titan+1
These approvals are required for the deal with New Gold — which, if passed, would combine the companies and issue new CDE shares to New Gold owners. Stock Titan
If you’d like the meeting date and proxy details, I can add that too.
ME>>>it all sounds bad for the CDE shares.
Here’s a brief, balanced reality check:
📉 Raising authorized shares and issuing new shares can put downward pressure on an existing stock price in the short term because it dilutes current shareholders.
📈 But context matters:
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Coeur Mining’s proposed merger with New Gold is strategic — the company argues it will create a larger, more diversified mining business with stronger cash flow and reserves.
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Combining two miners can bring cost savings, broader asset base, and longer mine life, which some investors view as positive in the long run.
So it can feel bad for current share dilution, but investors sometimes support dilution if the merger creates greater total value over time.
Bottom line (brief):
✔️ Dilution *can hurt share price short term.
✔️ Merger *could be accretive long term if well executed.
If you want the latest analyst sentiment or price targets on this deal, I can summarize them.
ME>>>yes
Here’s a **brief summary of current analyst sentiment and price outlook on Coeur Mining (CDE) around the New Gold merger:
Ad Hoc News
TechStock²
Trefis
Seeking Alpha
Ad Hoc News
📈 Bullish / Buy-side Views
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Most professional analysts rate CDE as a Buy, with ~85% Buy recommendations and average price targets above current levels (about ~$21 on average). INDmoney
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Some firms (e.g., TD Securities, Roth Capital) have raised price targets based on stronger production forecasts and the strategic logic of the merger. Finviz
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Recent Strong Buy upgrades reflect optimism that the combined company could be bigger and more cash-flowing after closing. Ad Hoc News
⚠️ Neutral / Mixed Views
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Some sources note split analyst opinions: certain models and forecasts still see only modest upside or valuation dispersion. TechStock²+1
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All-stock mergers can pressure share prices short term (dilution), even if the long-term thesis is positive. Investing.com UK
📉 Risks to Consider
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The merger and share dilution are a short-term negative catalyst for current shareholders. Investing.com UK
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Operating performance and commodity prices (gold/silver) remain key drivers — a weaker metals market could temper returns. Trefis
Summary (brief):
✔️ Most analysts rate CDE as a Buy with upside potential post-merger. INDmoney
⚠️ Deal dilution and market volatility mean near-term pressure is possible. Investing.com UK
📊 Long-term thesis hinges on execution of the New Gold merger and metals price trends. Nasdaq
If you want, I can list the specific price targets and recommended upside percentages analysts are projecting.
Yes — that pattern is very common.
Why it happens (briefly):
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Buyer’s stock drops: investors price in dilution, integration risk, and execution uncertainty.
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Target’s stock rises: the acquisition locks in a premium or clearer valuation for the acquired company.
It doesn’t mean the deal is bad — it’s a short-term market reaction. If the merger delivers synergies and cash flow, the buyer can recover over time.
ME>>>when is the vote taking place or when will they announce it.
The shareholder vote for the Coeur Mining–New Gold merger is scheduled for:
📅 January 27, 2026 — Coeur and New Gold shareholders will vote on the deal, including the charter amendment and stock issuance proposals required to complete the acquisition. Investing.com+1
The meeting is expected to be held online and is part of the required approvals before the merger can close, which both companies currently anticipate will happen in the first half of 2026 if all conditions are met. Stock Titan+1
If anything changes (adjournment or new date), Coeur will publicly announce it before the vote.
ME>>>which company CDE or NGD makes the biggest profit lately.
Between Coeur Mining (CDE) and New Gold (NGD), here’s what recent financials show (briefly):
📊 Coeur Mining (CDE)
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Q3 2025 reported **record quarterly GAAP net income of about $267 million. CDE has had multiple profitable quarters in 2025. Coeur Mining
📊 New Gold (NGD)
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Recent quarters show positive net income (e.g., in Q3 2025 NGD had about $140 million profit) and the company’s trailing-twelve-month net income around ~$249 million. Yahoo Finance+1
Bottom line (brief):
✔️ Both companies are now profitable.
✔️ CDE’s latest single-quarter profit ($267 M) was higher than NGD’s recent quarter profit (~$140 M).
✔️ Over the past year, NGD’s total profit ≈ $249 M (TTM), and CDE’s aggregated profits appear strong given multiple profitable quarters.
So recently, Coeur (CDE) has shown higher individual quarterly profit figures, though NGD has also turned profitable and grown earnings significantly recently.
ME>>>I have 7800 shares of it and after so many years with it under water and finally I’m have a 55% profit. So I’ll be watching it.