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Stock impact report

Coeur Mining Closes New Gold Deal As Valuation Gap Draws Focus [Yahoo! Finance]

Coeur Mining, Inc. (CDE) 
Last coeur mining, inc. earnings: 4/22 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.coeur.com
Company Research Source: Yahoo! Finance
Coeur Mining has completed its acquisition of TSX:NGD, with the transaction now closed. New Gold has been delisted from the TSX and NYSE American as a result of the deal. Former New Gold shareholders are set to receive Coeur shares in exchange for their holdings. Coeur plans to provide further details on integration, guidance, and reserves for New Afton and Rainy River. For investors who followed TSX:NGD as a stand alone mid tier gold producer, this marks a major change. The company is now part of a larger North American precious metals group, and its key assets, including New Afton and Rainy River, will sit inside Coeur's broader portfolio. That shifts how you assess exposure, since New Gold no longer reports on its own. Coeur has indicated it will share more on how these mines fit into its consolidated plans, including updated guidance and reserve information. Those details will be important if you held TSX:NGD and now own Coeur shares, or if you track production and cost Show less Read more
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