SCHEDULE 13G/A: Vanguard Group Discloses 10.19% Stake in Coeur Mining Inc.

Sentiment:

Beneficial Ownership Report (Schedule 13G Amendment)


The Vanguard Group has filed an amended Schedule 13G, reporting a beneficial ownership of 10.19% in Coeur Mining Inc. as of December 31, 2024.

Summary

  • The Vanguard Group reported beneficial ownership of 40,696,218 shares of Coeur Mining Inc. common stock.
  • This ownership represents 10.19% of Coeur Mining Inc.'s outstanding common stock.
  • Vanguard holds sole dispositive power over 39,931,909 shares and shared dispositive power over 764,309 shares.
  • Vanguard holds shared voting power over 285,085 shares and no sole voting power.
  • The filing is an Amendment No. 13, indicating a routine update to a previously disclosed significant stake.
  • The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a routine disclosure by a large institutional investor, The Vanguard Group, regarding its passive ownership stake in Coeur Mining Inc., a company operating in the mining sector. Such disclosures are common for major asset managers who hold diversified portfolios across various industries.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a large, passive investment.

Key Dates

DateDescription
12/31/2024Date of event which requires filing of this statement (reporting period end date).
01/08/2025Signature date of the filing by The Vanguard Group.

Keywords

Coeur Mining Inc., Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Mining

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