S&P Places Coeur D'Alene Mines On CreditWatch

Stock quotes in this article: CDE  

"These combined sources of cash are expected to more than satisfy remaining capital expenditures during the year," he said.

S&P said that if it upgrades the company, "we currently expect it would likely be limited to one notch" because the improvement in its liquidity will likely be marginal until it benefits from increased output and favorable metal prices over time.

Coeur D'Alene's shares ended Monday unchanged at $1.37.

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