Coeur Mining (NYSE:CDE - Get Free Report) announced its quarterly earnings data on Wednesday. The basic materials company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.01, Briefing.com reports. Coeur Mining had a negative return on equity of 7.79% and a negative net margin of 12.62%. The firm had revenue of $213.10 million for the quarter, compared to the consensus estimate of $203.43 million. During the same quarter last year, the business posted ($0.11) earnings per share. The firm's revenue was up 13.8% compared to the same quarter last year.
Coeur Mining Stock Performance
Shares of CDE stock traded up $0.21 during trading hours on Thursday, reaching $4.79. 7,720,714 shares of the company's stock were exchanged, compared to its average volume of 7,605,739. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.92 and a quick ratio of 0.38. The company has a market cap of $1.86 billion, a P/E ratio of -15.45 and a beta of 1.77. The company's 50 day moving average is $3.78 and its two-hundred day moving average is $3.14. Coeur Mining has a 1 year low of $2.00 and a 1 year high of $5.47.
Wall Street Analyst Weigh In
CDE has been the topic of a number of research analyst reports. National Bank Financial restated an "outperform spec market weight" rating on shares of Coeur Mining in a research report on Monday, April 8th. Roth Mkm initiated coverage on Coeur Mining in a research report on Tuesday, April 9th. They issued a "buy" rating and a $5.40 target price on the stock. Roth Capital restated a "buy" rating on shares of Coeur Mining in a research report on Tuesday, April 9th. BMO Capital Markets lifted their target price on Coeur Mining from $3.50 to $4.25 and gave the company a "market perform" rating in a research report on Wednesday, April 10th. Finally, Raymond James boosted their price objective on Coeur Mining from $3.75 to $4.00 and gave the company a "market perform" rating in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $4.21.
Check Out Our Latest Analysis on CDE
About Coeur Mining
(
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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.
Further Reading
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