Cormark Has Positive Outlook of Coeur Mining FY2025 Earnings

Coeur Mining, Inc. (NYSE:CDE - Free Report) - Stock analysts at Cormark raised their FY2025 EPS estimates for shares of Coeur Mining in a note issued to investors on Friday, August 8th. Cormark analyst R. Gray now expects that the basic materials company will post earnings of $0.72 per share for the year, up from their previous estimate of $0.69. The consensus estimate for Coeur Mining's current full-year earnings is $0.58 per share. Cormark also issued estimates for Coeur Mining's FY2026 earnings at $0.79 EPS and FY2027 earnings at $0.99 EPS.

Coeur Mining (NYSE:CDE - Get Free Report) last posted its earnings results on Wednesday, August 6th. The basic materials company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $480.65 million for the quarter, compared to analyst estimates of $438.40 million. Coeur Mining had a net margin of 13.06% and a return on equity of 14.38%. The business's quarterly revenue was up 116.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.01) EPS.

Other equities analysts have also issued research reports about the stock. National Bank Financial upgraded shares of Coeur Mining to a "strong-buy" rating in a report on Thursday, June 12th. National Bankshares set a $12.00 target price on shares of Coeur Mining in a report on Friday, June 13th. Roth Capital reaffirmed a "buy" rating and set a $13.00 price target on shares of Coeur Mining in a research note on Thursday. Finally, BMO Capital Markets boosted their price objective on shares of Coeur Mining from $11.00 to $12.00 and gave the stock an "outperform" rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Coeur Mining currently has a consensus rating of "Buy" and a consensus target price of $9.79.

Coeur Mining Stock Performance

NYSE:CDE opened at $11.65 on Monday. The company has a current ratio of 1.61, a quick ratio of 0.60 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 31.49 and a beta of 1.16. The firm's fifty day simple moving average is $9.24 and its 200 day simple moving average is $7.31. Coeur Mining has a twelve month low of $4.58 and a twelve month high of $11.72.

Institutional Investors Weigh In On Coeur Mining

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

Insiders Place Their Bets

In other Coeur Mining news, SVP Casey M. Nault sold 100,000 shares of the business's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $10.02, for a total value of $1,002,000.00. Following the transaction, the senior vice president owned 670,880 shares in the company, valued at $6,722,217.60. The trade was a 12.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Eduardo Luna sold 17,160 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $7.83, for a total transaction of $134,362.80. Following the completion of the transaction, the director owned 101,841 shares in the company, valued at $797,415.03. This represents a 14.42% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.56% 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.

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