Why Shares of Coeur Mining Plunged 11% in April

Extending their 13% slide through the first three months of 2021, shares of Coeur Mining (NYSE: CDE) continued to tumble in April, falling 11%, according to data provided by S&P Global Market Intelligence. For most of April, things seemed to be going well for shareholders; Coeur Mining's stock had risen more than 6% -- consistent with the nearly 8% rise in the price of silver over the same period. For one, Coeur Mining failed to meet analysts' expectations on both the top and bottom lines.