Coeur Mining (NYSE:CDE) Shares Up 2.6%

Coeur Mining, Inc. (NYSE:CDE - Get Free Report) shares rose 2.6% on Tuesday . The stock traded as high as $4.30 and last traded at $4.29. Approximately 1,265,367 shares changed hands during trading, a decline of 81% from the average daily volume of 6,503,898 shares. The stock had previously closed at $4.18.

Analyst Ratings Changes

CDE has been the subject of several research reports. National Bank Financial reaffirmed an "outperform spec market weight" rating on shares of Coeur Mining in a research note on Wednesday, January 3rd. Raymond James cut their price objective on Coeur Mining from $4.00 to $3.75 and set a "market perform" rating for the company in a report on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $3.79.

Coeur Mining Stock Down 0.5 %

The company has a quick ratio of 0.38, a current ratio of 0.92 and a debt-to-equity ratio of 0.51. The company has a market cap of $1.61 billion, a price-to-earnings ratio of -13.42 and a beta of 1.82. The stock has a fifty day moving average price of $2.98 and a two-hundred day moving average price of $2.80.

Coeur Mining (NYSE:CDE - Get Free Report) last posted its earnings results on Wednesday, February 21st. The basic materials company reported ($0.02) earnings per share for the quarter. Coeur Mining had a negative return on equity of 7.79% and a negative net margin of 12.62%. The firm had revenue of $262.10 million for the quarter. As a group, sell-side analysts expect that Coeur Mining, Inc. will post -0.05 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CDE. Alberta Investment Management Corp bought a new position in shares of Coeur Mining in the second quarter worth $29,000. Atria Wealth Solutions Inc. acquired a new position in shares of Coeur Mining in the fourth quarter valued at approximately $33,000. US Bancorp DE increased its stake in shares of Coeur Mining by 1,742.5% in the fourth quarter. US Bancorp DE now owns 10,355 shares of the basic materials company's stock valued at $34,000 after buying an additional 9,793 shares during the period. Virtu Financial LLC acquired a new position in shares of Coeur Mining in the fourth quarter valued at approximately $34,000. Finally, Rathbones Group PLC bought a new stake in Coeur Mining in the third quarter valued at approximately $35,000. Institutional investors own 63.01% of the company's stock.

Coeur Mining Company Profile

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.