up 6 cents in usaimpresive 4th quarter reprts

COEUR D ALENE CP(NYSE: CDE)
After Hours: 0.7990 0.0390 (5.13%) 7:17PM EThelp
Last Trade: 0.76
Trade Time: Feb 27
Change: 0.06 (8.57%)
Prev Close: 0.70
Open: 0.73
Bid: N/A
Ask: N/A
1y Target Est: 1.31
Day's Range: 0.73 - 0.79
52wk Range: 0.36 - 5.18
Volume: 6,625,101
Avg Vol (3m): 9,500,680
Market Cap: 419.01M
P/E (ttm): 38.00 x
EPS (ttm): 0.02
Div & Yield: N/A (N
COEUR REPORTS 2008 RESULTS AND 2009 OUTLOOK: RECORD YEAR-END RESERVES; NOTABLE INCREASE EXPECTED IN 2009 PRODUCTION AND CASH FLOW FROM TWO NEW SILVER MINES

Fourth Quarter Highlights:


New San Bartolomé mine, the world’s largest pure silver mine, performed at design capacity, resulting in cash operating costs of $6.48 per ounce1.
28% increase in silver production to 4.0 million ounces.
Cash operating costs of $5.60 per silver ounce.
Net income of $4.3 million, or $0.01 per share.
General and administrative costs declined 22%, reflecting the results of ongoing cost reductions.
2008 Highlights:


2008 silver production of 12.0 million ounces.
Cash operating costs of $4.75 per silver ounce.
Operating cash flow2 of $11.6 million.
San Bartolomé commenced silver production in June.
Record year-end reserve levels of 248 million ounces of silver and 2.3 million ounces of gold representing 15% and 54% increases, respectively.
2009 Outlook:


2009 silver production expected to jump 66% to approximately 20.0 million ounces while gold production projected to increase 85% to approximately 85,000 ounces.
$4.25 per silver ounce projected cash operating costs.
Cash, equivalents and short-term investments of approximately $100 million as of January 31, 2009.
2009 operating cash flow forecast to be approximately $100 million.
Remaining companywide capital expenditures projected to be $65 million in 20093.
Palmarejo (Mexico) to begin production in March as scheduled.
San Bartolomé expected to produce 9 million ounces at average cash operating costs of $6.50 per silver ounce.