Shares of Coeur Mining, Inc. (NYSE:CDE – Get Free Report) have received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $7.81.
Several equities research analysts recently issued reports on CDE shares. Canaccord Genuity Group lifted their price objective on Coeur Mining from $7.00 to $7.75 and gave the stock a “buy” rating in a report on Tuesday, October 8th. BMO Capital Markets lifted their price target on Coeur Mining from $7.50 to $8.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Roth Mkm increased their price objective on Coeur Mining from $8.00 to $8.50 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Raymond James lifted their target price on shares of Coeur Mining from $6.25 to $7.00 and gave the stock a “market perform” rating in a research note on Friday, September 20th. Finally, Cantor Fitzgerald cut Coeur Mining from an “overweight” rating to a “neutral” rating in a report on Thursday, August 8th.
Check Out Our Latest Report on Coeur Mining
Institutional Inflows and Outflows
Coeur Mining Stock Down 1.4 %
Shares of CDE opened at $7.30 on Monday. The firm has a market cap of $2.92 billion, a P/E ratio of -23.55 and a beta of 1.65. Coeur Mining has a 12 month low of $2.00 and a 12 month high of $7.72. The stock’s 50 day moving average is $6.50 and its two-hundred day moving average is $5.87. The company has a current ratio of 1.20, a quick ratio of 0.45 and a debt-to-equity ratio of 0.59.
Coeur Mining (NYSE:CDE – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The basic materials company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Coeur Mining had a negative net margin of 8.33% and a negative return on equity of 4.59%. The company had revenue of $222.03 million during the quarter, compared to analysts’ expectations of $242.18 million. During the same period in the prior year, the business posted ($0.06) earnings per share. The firm’s revenue for the quarter was up 25.3% on a year-over-year basis. Analysts predict that Coeur Mining will post 0.11 earnings per share for the current fiscal year.
Coeur Mining Company Profile
Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.
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