Court Clears Coeur Mining New Gold Deal As Valuation Signals Upside
Supreme Court of British Columbia grants final court approval for Coeur Mining’s acquisition of New Gold. Transaction now moves to its final phase, with closing subject to Investment Canada Act review and customary conditions. Deal is expected to expand Coeur Mining’s North American precious metals footprint once completed. For Coeur Mining, NYSE:CDE, this legal milestone comes with the stock trading at $20.44 after a move of 16.5% over the past month and 16.5% year to date. The shares have...
Supreme Court of British Columbia grants final court approval for Coeur Mining’s acquisition of New Gold. Transaction now moves to its final phase, with closing subject to Investment Canada Act review and customary conditions. Deal is expected to expand Coeur Mining’s North American precious metals footprint once completed. For Coeur Mining, NYSE:CDE, this legal milestone comes with the stock trading at $20.44 after a move of 16.5% over the past month and 16.5% year to date. The shares have...