Coeur Mining Clears Major Acquisition Hurdle Amid Sector Volatility

Coeur Mining has achieved a pivotal milestone in its expansion strategy, securing final judicial approval for its planned acquisition of New Gold. The Supreme Court of British Columbia granted its consent on January 30, 2026, effectively clearing the last major legal obstacle for the merger. This development follows overwhelming shareholder support, with investors from both companies voting decisively in favor of the deal during separate meetings held on January 27.

The company's leadership aims to establish a premier North American precious metals producer through this combination. The transaction is structured as an all-stock deal. Upon completion, existing Coeur shareholders are projected to hold approximately 62 percent of the combined entity, with former New Gold shareholders owning the remaining 38 percent. By integrating assets such as the New Afton copper-gold mine and the Rainy River gold operation, Coeur intends to significantly enhance its production profile and diversify its asset base.

Pending final regulatory approvals, including those required under the Investment Canada Act, the transaction is anticipated to close in the first half of 2026.

Share Price Faces Macroeconomic Headwinds

Despite this fundamental progress, Coeur's share price encountered selling pressure in early February. The stock declined roughly 4 percent over a seven-day period, trading approximately 25 percent below its 52-week high recorded in January. This weakness was primarily driven by a broad-based correction across the precious metals sector between February 2 and 5, triggered by shifting macroeconomic sentiment and fluctuations in the US dollar.

Should investors sell immediately? Or is it worth buying Coeur Mining?

While market observers view the acquisition as a long-term strategic growth engine, the stock's short-term trajectory remains closely tied to spot prices for gold and silver. Investors are currently reassessing the execution risks associated with the impending integration, balancing these concerns against the potential for margin expansion within a volatile commodity environment.

Operational Performance in Focus

With the legal pathway now largely secured, market attention is shifting back to Coeur's standalone operational performance. The company is scheduled to release its fourth-quarter and full-year 2025 financial results after the market closes on February 18, 2026.

Analysts are expected to scrutinize this report for key metrics, particularly production costs and cash flow generation, ahead of the transformative merger. Furthermore, additional details regarding the integration timeline will likely be disclosed during the analyst conference call scheduled for the following day.