Coeur Mining, Inc. (NYSE:CDE – Get Free Report) EVP Aoife Mcgrath purchased 635 shares of the stock in a transaction dated Friday, June 12th. The shares were acquired at an average cost of $16.95 per share, with a total value of $10,763.25. Following the acquisition, the executive vice president directly owned 184,653 shares in the company, valued at $3,129,868.35. This represents a 0.35% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Coeur Mining Price Performance
CDE stock traded up $0.15 during trading on Tuesday, reaching $18.81. 34,934,971 shares of the company were exchanged, compared to its average volume of 23,883,448. The company has a market capitalization of $19.46 billion, a price-to-earnings ratio of 16.22 and a beta of 1.25. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.73 and a quick ratio of 2.14. The company has a 50-day moving average of $18.51 and a two-hundred day moving average of $19.75. Coeur Mining, Inc. has a twelve month low of $8.46 and a twelve month high of $27.77.
Coeur Mining (NYSE:CDE – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The company had revenue of $856.19 million during the quarter, compared to the consensus estimate of $815.59 million. Coeur Mining had a net margin of 31.15% and a return on equity of 15.38%. Coeur Mining’s revenue for the quarter was up 137.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.11 EPS. As a group, equities analysts predict that Coeur Mining, Inc. will post 1.46 earnings per share for the current fiscal year.
Coeur Mining Dividend Announcement
Institutional Investors Weigh In On Coeur Mining
Institutional investors have recently modified their holdings of the company. Triumph Capital Management boosted its stake in shares of Coeur Mining by 300.0% in the 4th quarter. Triumph Capital Management now owns 1,600 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 1,200 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Coeur Mining by 74.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,368 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 1,435 shares during the last quarter. Kingdom Financial Group LLC. bought a new stake in shares of Coeur Mining in the 4th quarter valued at $32,000. Kemnay Advisory Services Inc. acquired a new position in shares of Coeur Mining during the 4th quarter valued at $33,000. Finally, Transamerica Financial Advisors LLC acquired a new position in shares of Coeur Mining during the 4th quarter valued at $34,000. 63.01% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on CDE shares. Canaccord Genuity Group raised shares of Coeur Mining from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Wednesday, April 29th. Cantor Fitzgerald lowered shares of Coeur Mining from a “buy” rating to a “hold” rating and set a $19.00 target price on the stock. in a report on Thursday, May 7th. Roth Mkm reissued a “buy” rating and set a $25.00 target price on shares of Coeur Mining in a report on Friday, May 8th. Scotiabank assumed coverage on shares of Coeur Mining in a report on Friday. They set a “sector outperform” rating and a $27.50 target price on the stock. Finally, Zacks Research raised shares of Coeur Mining from a “strong sell” rating to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $26.28.
View Our Latest Stock Report on CDE
Coeur Mining Company Profile
Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.
Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.
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