Raymond James Financial Comments on Coeur Mining Q2 Earnings

Coeur Mining, Inc. (NYSE:CDE - Free Report) - Raymond James Financial upped their Q2 2025 EPS estimates for Coeur Mining in a research note issued on Wednesday, July 9th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.16 for the quarter, up from their previous estimate of $0.13. Raymond James Financial currently has a "Outperform" rating and a $8.50 price target on the stock. The consensus estimate for Coeur Mining's current full-year earnings is $0.58 per share. Raymond James Financial also issued estimates for Coeur Mining's FY2025 earnings at $0.68 EPS.

A number of other research analysts have also recently commented on CDE. National Bank Financial upgraded shares of Coeur Mining to a "strong-buy" rating in a research note on Thursday, June 12th. Roth Capital reiterated a "buy" rating and issued a $12.00 target price (up previously from $10.00) on shares of Coeur Mining in a research note on Tuesday, July 1st. Finally, National Bankshares set a $12.00 target price on shares of Coeur Mining in a research note on Friday, June 13th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, Coeur Mining currently has an average rating of "Buy" and a consensus target price of $9.21.

Coeur Mining Price Performance

CDE traded up $0.54 during midday trading on Thursday, reaching $9.65. 10,443,431 shares of the company's stock were exchanged, compared to its average volume of 13,270,923. The firm has a market capitalization of $6.17 billion, a price-to-earnings ratio of 37.10 and a beta of 1.32. The company has a quick ratio of 0.62, a current ratio of 1.93 and a debt-to-equity ratio of 0.17. Coeur Mining has a one year low of $4.57 and a one year high of $9.69. The business has a 50-day simple moving average of $8.33 and a two-hundred day simple moving average of $6.81.

Coeur Mining (NYSE:CDE - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.12. Coeur Mining had a net margin of 10.11% and a return on equity of 9.96%. The company's quarterly revenue was up 69.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) earnings per share.

Hedge Funds Weigh In On Coeur Mining

A number of hedge funds and other institutional investors have recently made changes to their positions in CDE. MAI Capital Management bought a new stake in Coeur Mining in the 1st quarter valued at $25,000. Summer Road LLC acquired a new position in shares of Coeur Mining during the 1st quarter worth about $28,000. City State Bank boosted its stake in shares of Coeur Mining by 56.9% during the 1st quarter. City State Bank now owns 6,274 shares of the basic materials company's stock worth $37,000 after buying an additional 2,274 shares during the last quarter. Quarry LP boosted its stake in shares of Coeur Mining by 853.8% during the 4th quarter. Quarry LP now owns 6,667 shares of the basic materials company's stock worth $38,000 after buying an additional 5,968 shares during the last quarter. Finally, Optiver Holding B.V. boosted its stake in shares of Coeur Mining by 150.5% during the 4th quarter. Optiver Holding B.V. now owns 8,160 shares of the basic materials company's stock worth $47,000 after buying an additional 4,903 shares during the last quarter. 63.01% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Coeur Mining news, Director Pierre Beaudoin sold 60,551 shares of Coeur Mining stock in a transaction on Friday, May 9th. The shares were sold at an average price of $7.30, for a total transaction of $442,022.30. Following the completion of the sale, the director owned 188,362 shares of the company's stock, valued at approximately $1,375,042.60. The trade was a 24.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Kenneth J. Watkinson sold 12,350 shares of Coeur Mining stock in a transaction on Friday, May 9th. The stock was sold at an average price of $7.40, for a total transaction of $91,390.00. Following the transaction, the chief accounting officer directly owned 122,104 shares in the company, valued at approximately $903,569.60. This represents a 9.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 90,061 shares of company stock valued at $667,775. Company insiders own 1.50% of the company's stock.

About Coeur Mining

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.