shares of coeur mining inc cde shot up 116 in afternoon trading monday after the gold and silver miner announced a deak to sell its crown and sterling holdings for up to 200 million under terms of the deal coeur mining will receive closing cash of 150 million and deferred cash of 50 million to be paid on crown and sterling attaining a total resource of at least 35 million gold ounces the divestiture of crown sterling unlocks significant value for coeur stockholders and demonstrates our ongoing commitment to allocating capital into our existing portfolio of nearterm core growth projects highlighted by the rochester expansion in northern nevada said chief executive mitchell krebs the consideration represents a significant gain on our original investment coeur minings stock has lost 70 over the past three months while the vaneck gold miners etf gdx has dropped 208 and the sp 500 spx has advanced 54