Coeur Mining, Inc. (NYSE:CDE) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Coeur Mining, Inc. (NYSE:CDE - Free Report) by 5.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 31,864,964 shares of the basic materials company's stock after buying an additional 1,716,929 shares during the quarter. Vanguard Group Inc. owned approximately 8.33% of Coeur Mining worth $70,740,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Moneta Group Investment Advisors LLC lifted its holdings in Coeur Mining by 99,607.1% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 170,843,155 shares of the basic materials company's stock worth $574,033,000 after buying an additional 170,671,810 shares during the period. Van ECK Associates Corp lifted its stake in shares of Coeur Mining by 5.4% in the 3rd quarter. Van ECK Associates Corp now owns 32,722,099 shares of the basic materials company's stock valued at $72,643,000 after purchasing an additional 1,681,708 shares during the period. BlackRock Inc. lifted its stake in shares of Coeur Mining by 21.6% in the 2nd quarter. BlackRock Inc. now owns 32,638,874 shares of the basic materials company's stock valued at $92,694,000 after purchasing an additional 5,798,848 shares during the period. State Street Corp lifted its stake in shares of Coeur Mining by 56.5% in the 1st quarter. State Street Corp now owns 27,794,163 shares of the basic materials company's stock valued at $123,684,000 after purchasing an additional 10,035,506 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Coeur Mining by 13.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 12,498,149 shares of the basic materials company's stock valued at $49,868,000 after purchasing an additional 1,448,117 shares during the period. Hedge funds and other institutional investors own 63.01% of the company's stock.

Coeur Mining Stock Up 12.2 %

Shares of Coeur Mining stock traded up $0.53 on Friday, reaching $4.87. The company's stock had a trading volume of 17,760,528 shares, compared to its average volume of 7,270,372. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of -15.71 and a beta of 1.82. The firm's fifty day simple moving average is $3.09 and its two-hundred day simple moving average is $2.84. Coeur Mining, Inc. has a 52 week low of $2.00 and a 52 week high of $4.93. The company has a quick ratio of 0.38, a current ratio of 0.92 and a debt-to-equity ratio of 0.51.

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. The business had revenue of $262.10 million during the quarter. Coeur Mining had a negative return on equity of 7.79% and a negative net margin of 12.62%. Equities analysts anticipate that Coeur Mining, Inc. will post -0.05 earnings per share for the current year.

Analysts Set New Price Targets

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

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.