Schroder Investment Management Group lessened its stake in Coeur Mining, Inc. (NYSE:CDE - Free Report) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,190,358 shares of the basic materials company's stock after selling 401,845 shares during the period. Schroder Investment Management Group owned 0.96% of Coeur Mining worth $115,945,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its holdings in Coeur Mining by 74.2% in the second 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. Covestor Ltd boosted its stake in Coeur Mining by 7,011.5% in the 3rd quarter. Covestor Ltd now owns 1,849 shares of the basic materials company's stock worth $35,000 after purchasing an additional 1,823 shares during the period. Luminist Capital LLC bought a new position in shares of Coeur Mining during the second quarter worth about $40,000. Focus Partners Wealth acquired a new stake in shares of Coeur Mining in the first quarter valued at approximately $60,000. Finally, Bogart Wealth LLC acquired a new stake in Coeur Mining in the 3rd quarter valued at $62,000. Institutional investors own 63.01% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on CDE. Weiss Ratings cut Coeur Mining from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, February 27th. TD Cowen upgraded Coeur Mining to a "strong-buy" rating in a report on Monday, December 1st. Wall Street Zen upgraded shares of Coeur Mining from a "hold" rating to a "buy" rating in a research note on Sunday, December 21st. Canaccord Genuity Group lowered Coeur Mining from a "buy" rating to a "hold" rating in a research note on Friday, February 20th. Finally, Zacks Research cut shares of Coeur Mining from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $20.88.
View Our Latest Stock Analysis on Coeur Mining
Coeur Mining Trading Up 0.4%
Shares of Coeur Mining stock opened at $22.73 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.66 and a current ratio of 2.47. The stock has a 50 day moving average price of $22.39 and a two-hundred day moving average price of $18.74. Coeur Mining, Inc. has a 52 week low of $4.58 and a 52 week high of $27.77. The stock has a market capitalization of $14.60 billion, a PE ratio of 26.13 and a beta of 1.16.
Coeur Mining (NYSE:CDE - Get Free Report) last released its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.08). The company had revenue of $674.85 million for the quarter, compared to analyst estimates of $668.70 million. Coeur Mining had a net margin of 28.31% and a return on equity of 18.75%. Coeur Mining's revenue for the quarter was up 120.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.11 EPS. As a group, equities analysts anticipate that Coeur Mining, Inc. will post 0.58 earnings per share for the current fiscal year.
Coeur Mining Profile
(
Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Coeur Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Coeur Mining wasn't on the list.
While Coeur Mining currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
A forward-looking investment report spotlighting the seven space companies best positioned to benefit from accelerating commercialization in 2026. It explores key industry trends, major growth catalysts, and the stocks shaping the next phase of the space economy—from launch leaders and satellite networks to data, defense, and in-space infrastructure.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
