Coeur Mining has been in turnaround mode over the past few months and the company\u2019s comeback got a nice shot in the arm after its second-quarter results. That\u2019s because Coeur was able to demonstrate an improvement in its balance sheet and also reaffirmed its guidance, indicating that the company\u2019s turnaround is all set to continue in the coming quarters.\r\n\r\nLet\u2019s take a closer look at Coeur and see if investors should expect more upside from Coeur stock in the coming days.\r\nThe Things to Like About Coeur Mining\r\nAt first glance, Coeur\u2019s quarterly results were not all that great. Revenue fell 4.6% year over year to $162.1 million and the adjusted net loss came in at $0.11 per share as compared to a profit of $0.01 per share in the prior-year period.\r\n\r\nHowever, Coeur reported that it was able to reduce its total debt to the tune of 19% during the quarter by repaying $82 million of its outstanding debt. What\u2019s more, the company displayed an improvement in its production profile sequentially.\r\n\r\nCoeur\u2019s gold production during the second quarter came in at 86,584 ounces as compared to 78,336 ounces in the first quarter. Silver ounces produced also increased to 3.1 million ounces from 2.5 million ounces a year ago.\r\n\r\nNow, the gold and silver production numbers for the quarter were lower than the year-ago period\u2019s output of 94,000 ounces of gold and 3.2 million ounces of silver. But the sequential growth in these metrics is a positive takeaway for investors.\r\n\r\nCoeur attributes the higher production to an 18% bump in the mill throughput. Moreover, the company was able to access high-grade secondary slopes that aided the production growth.\r\nMore Improvement Is in the Cards\r\nCoeur has been taking a slew of measures to boost production. It has commissioned an enhanced crushing circuit at the Rochester mine, and the company expects this to help improve silver recoveries and lower costs simultaneously.\r\n\r\nIn June this year, Coeur struck a purchase option agreement with Barrick Gold for the Richmond Hill project that lies adjacent to the former\u2019s Wharf mine in the state of South Dakota. Coeur has taken this step in a bid to extend the life of the Wharf mine by using the infrastructure already present at Barrick\u2019s project.\r\n\r\nIn all, Coeur is coming off a decent quarter wherein it made the right operational moves and it could keep getting better in the coming quarters. This should please investors as the average realized price of gold for Coeur in the second quarter was $1,277 an ounce, while that of silver was $14.75 an ounce.\r\n\r\nThe spot price of gold at present is at over $1,500 an ounce, while that of silver stands at more than $18 an ounce. So the higher prices and the gradual increase in Coeur\u2019s production should lead to an improvement in its financial performance as well, which is why investors should keep faith in the stock.