---
title: "U.S. stock market midday update: Coeur Mining falls 8.92%, strong earnings fail to mask sector's low sentiment"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295133680.md"
description: "Coeur Mining fell 8.92%; Newmont Corporation rose 1.12%, with a transaction volume of USD 499 million; Agnico Eagle Mines rose 1.58%, with a transaction volume of USD 456 million; Barrick Gold rose 0.65%, with a transaction volume of USD 275 million; Wheaton Precious Metals rose 1.65%, with a market capitalization of USD 56.7 billion"
datetime: "2026-08-06T18:38:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295133680.md)
  - [en](https://longbridge.com/en/news/295133680.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295133680.md)
generator: "portal-rs"
---

# U.S. stock market midday update: Coeur Mining falls 8.92%, strong earnings fail to mask sector's low sentiment

**U.S. Stock Market Midday Update**

Coeur Mining fell 8.92%. Based on recent key news:

1.  On August 5, Coeur Mining announced its second-quarter financial report, with revenue reaching a record $1.1 billion and adjusted EBITDA of $478 million. However, despite strong financial performance, market concerns about future metal prices led to a decline in stock price.

2.  On August 5, Coeur Mining announced a $750 million stock buyback plan and declared its first dividend. Although these measures are generally seen as positive, the market reacted cautiously to the company's increased capital expenditures, putting pressure on the stock price.

3.  On August 4, SSR Mining's adjusted earnings per share for the second quarter did not meet analyst expectations, affecting market sentiment across the mining sector and indirectly negatively impacting Coeur Mining's stock price. The mining sector is significantly influenced by fluctuations in metal prices.

**Top Stocks by Industry Trading Volume**

Newmont Corporation rose 1.12%. Based on recent key news:

1.  On August 6, gold prices rose to their highest level in nearly seven weeks, driving Newmont's stock price up 7.7%. Spot gold prices increased by 4.09%, reaching $4,242.57 per ounce, due to a decline in U.S. Treasury yields and increased hopes for the opening of the Strait of Hormuz. Source: MarketWatch

2.  On August 5, BCA Research analysis pointed out that gold mining stocks are a valuable tool for hedging macro risks, with significant increases expected by early 2027. Despite recent softness in precious metals, gold mining stocks may still be the best way to profit from this year's uncertainties. Source: Barron’s

3.  On August 3, Newmont's Executive Vice President Peter Toth sold 3,000 shares of common stock at a price of $93.45 per share, reducing his direct holdings to 40,315 shares. This transaction was executed under a 10b5-1 trading plan adopted on December 17, 2025. Source: SEC announcement. Gold mining stocks have recently performed strongly, with increased demand for macro risk hedging.

Alamos Gold Inc. rose 1.58%. Based on recent key news:

1.  On August 5, gold prices rose to their highest level in nearly seven weeks, driving gold mining stocks broadly higher. Spot gold increased by 4.09%, reaching $4,242.57 per ounce, and Alamos Gold's stock price rose by 9.1%. Source: Financial Associated Press

2.  On August 5, gold and the gold sector underwent a round of valuation repricing, with institutions believing that most bearish factors have been digested, and the multi-faceted support logic for gold prices remains intact. Investors are repositioning in gold and gold mining stocks, driving stock prices up. Source: Financial Associated Press

3.  On August 6, gold mining stocks are considered a valuable tool for hedging macro risks, with the market expecting significant increases in gold mining stocks by early 2027. Analysts believe that the current valuation levels are sustainable, and the gold bull market remains solid. Source: Financial Associated Press. Gold prices are rising, benefiting mining stocks Barrick Gold rose 0.65%. Based on recent key news:

4.  On August 6, gold prices rose to a nearly seven-week high, driving gold mining stocks up. Spot gold prices increased by 4.09%, reaching USD 4,242.57 per ounce, benefiting from a decline in U.S. Treasury yields and hopes for the reopening of the Strait of Hormuz, which led to a 7.3% increase in Barrick Gold's stock price. Source: Reuters

5.  On August 4, analysts projected the company's earnings per share for the current fiscal year to be USD 4, and the market holds an optimistic view of its financial performance, further supporting the stock price. Source: Public Technologies

6.  On August 5, the market's appetite for earnings drove investments in high-yield funds, reflecting investors' demand for safe havens in a volatile market, indirectly supporting the performance of gold mining stocks. Source: PIMCO Corporate & Income Opportunity Fund analyzed that the rise in gold prices drove a broad increase in gold mining stocks.

**Stocks ranked among the top in industry market capitalization**

Wheaton Precious rose 1.65%. Based on recent key news:

1.  On August 6, market analysts rated Wheaton Precious Metals as a moderate buy but did not include it in the top recommended stocks list. This indicates that despite the company's good performance, the market has limited confidence in its future growth, affecting investor sentiment.

2.  On August 6, Wheaton Precious Metals' partners face challenges in technology and licensing, which may impact short-term production growth. These issues increase the likelihood of non-cash impairment charges, putting pressure on the company's valuation.

3.  On August 4, Wheaton Precious Metals has achieved an annualized return of 13.13% over the past 20 years, outperforming the market. Long-term investors have gained significant compound returns, enhancing the market's recognition of its long-term investment value. The precious metals industry has shown stable performance recently, with investors focusing on long-term returns

### Related Stocks

- [CDE.US](https://longbridge.com/en/quote/CDE.US.md)
- [NEM.US](https://longbridge.com/en/quote/NEM.US.md)
- [AEM.US](https://longbridge.com/en/quote/AEM.US.md)
- [B.US](https://longbridge.com/en/quote/B.US.md)
- [WPM.US](https://longbridge.com/en/quote/WPM.US.md)

## Related News & Research

- [Coeur Mining EVP, CFO Thomas S. Whelan disposes of 6,000 common shares worth USD 125,220](https://longbridge.com/en/news/296542146.md)
- [Coeur Mining Director Sold Shares Worth Over $519K](https://longbridge.com/en/news/296542932.md)
- [Barrick Mining (TSX:ABX) After Earnings Growth And Newmont Deal Still Looks Slightly Undervalued](https://longbridge.com/en/news/296529222.md)
- [Stop Buying Gold Miners Until You Check This Metric](https://longbridge.com/en/news/296345950.md)
- [Gold Could Hit $5000 by 2027 and These Gold Stocks Could Benefit](https://longbridge.com/en/news/296501209.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**