National Bank Financial restated their outperform spec market weight rating on shares of Coeur Mining (NYSE:CDE - Free Report) in a research report sent to investors on Monday.
A number of other equities analysts have also recently issued reports on CDE. Roth Capital reiterated a buy rating on shares of Coeur Mining in a report on Tuesday. Roth Mkm started coverage on Coeur Mining in a report on Tuesday. They issued a buy rating and a $5.40 price objective for the company. Raymond James upped their price objective on Coeur Mining from $3.75 to $4.00 and gave the stock a market perform rating in a report on Monday. Finally, BMO Capital Markets upped their price objective on Coeur Mining from $3.50 to $4.25 and gave the stock a market perform rating in a report on Wednesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Coeur Mining currently has an average rating of Moderate Buy and an average target price of $4.21.
View Our Latest Stock Report on Coeur Mining
Coeur Mining Price Performance
Coeur Mining stock traded down $0.15 during midday trading on Monday, hitting $4.64. 21,472,497 shares of the company's stock were exchanged, compared to its average volume of 7,513,628. Coeur Mining has a 52-week low of $2.00 and a 52-week high of $5.47. The stock has a 50-day moving average price of $3.29 and a two-hundred day moving average price of $2.93. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.38 and a current ratio of 0.92. The company has a market cap of $1.81 billion, a P/E ratio of -14.97 and a beta of 1.82.
Coeur Mining (NYSE:CDE - Get Free Report) last posted its earnings results on Wednesday, February 21st. The basic materials company reported ($0.02) EPS for the quarter. Coeur Mining had a negative return on equity of 7.79% and a negative net margin of 12.62%. The business had revenue of $262.10 million for the quarter. On average, equities research analysts forecast that Coeur Mining will post -0.03 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James & Associates raised its position in Coeur Mining by 6.4% during the 1st quarter. Raymond James & Associates now owns 50,555 shares of the basic materials company's stock valued at $225,000 after purchasing an additional 3,050 shares during the last quarter. American International Group Inc. raised its position in Coeur Mining by 2.6% during the 2nd quarter. American International Group Inc. now owns 130,408 shares of the basic materials company's stock valued at $396,000 after purchasing an additional 3,343 shares during the last quarter. Arizona State Retirement System raised its position in shares of Coeur Mining by 4.1% in the 4th quarter. Arizona State Retirement System now owns 98,725 shares of the basic materials company's stock worth $322,000 after acquiring an additional 3,899 shares in the last quarter. Assenagon Asset Management S.A. raised its position in shares of Coeur Mining by 1.7% in the 4th quarter. Assenagon Asset Management S.A. now owns 247,169 shares of the basic materials company's stock worth $806,000 after acquiring an additional 4,175 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of Coeur Mining by 25.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 22,225 shares of the basic materials company's stock worth $76,000 after acquiring an additional 4,487 shares in the last quarter. Institutional investors own 63.01% of the company's stock.
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.
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