Extending their 13% slide through the first three months of 2021, shares of Coeur Mining (NYSE: CDE) continued to tumble in April, falling 11%, according to data provided by S&P Global Market Intelligence .
For most of April, things seemed to be going well for shareholders; Coeur Mining's stock had risen more than 6% -- consistent with the nearly 8% rise in the price of silver over the same period. Investor enthusiasm, however, failed to compensate for the disappointing first-quarter 2021 earnings report that the company released in late April.
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Why Shares of Coeur Mining Plunged 11% in April