Coeur Mining's (CDE) Buy Rating Reaffirmed at Roth Capital

Roth Capital restated their buy rating on shares of Coeur Mining (NYSE:CDE - Free Report) in a report issued on Tuesday,Benzinga reports. They currently have a $12.00 price target on the basic materials company's stock, up from their prior price target of $10.00. Roth Capital also issued estimates for Coeur Mining's Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.22 EPS, Q1 2026 earnings at $0.22 EPS, Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.17 EPS and FY2026 earnings at $0.77 EPS.

Several other equities research analysts have also recently issued reports on the company. National Bankshares set a $12.00 target price on Coeur Mining in a report on Friday, June 13th. TD Securities began coverage on Coeur Mining in a report on Tuesday, March 11th. They set a "buy" rating and a $7.00 price target for the company. TD Cowen raised Coeur Mining to a "strong-buy" rating in a research note on Tuesday, March 11th. National Bank Financial upgraded Coeur Mining to a "strong-buy" rating in a research report on Thursday, June 12th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $8.50 target price on shares of Coeur Mining in a report on Wednesday, April 2nd. One analyst has rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $9.21.

Coeur Mining Price Performance

Shares of Coeur Mining stock traded up $0.10 on Tuesday, hitting $9.08. 5,647,539 shares of the company traded hands, compared to its average volume of 13,201,369. Coeur Mining has a 52 week low of $4.57 and a 52 week high of $9.69. The business has a 50-day simple moving average of $7.98 and a 200 day simple moving average of $6.70. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.62 and a current ratio of 1.93. The stock has a market capitalization of $5.81 billion, a P/E ratio of 34.91 and a beta of 1.32.

Coeur Mining (NYSE:CDE - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.12. Coeur Mining had a net margin of 10.11% and a return on equity of 9.96%. The business's revenue was up 69.0% on a year-over-year basis. During the same period in the prior year, the company posted ($0.05) EPS. Research analysts expect that Coeur Mining will post 0.58 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Eduardo Luna sold 17,160 shares of the business's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $7.83, for a total transaction of $134,362.80. Following the transaction, the director owned 101,841 shares of the company's stock, valued at approximately $797,415.03. The trade was a 14.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Pierre Beaudoin sold 60,551 shares of Coeur Mining stock in a transaction on Friday, May 9th. The stock was sold at an average price of $7.30, for a total transaction of $442,022.30. Following the transaction, the director directly owned 188,362 shares of the company's stock, valued at $1,375,042.60. The trade was a 24.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 90,061 shares of company stock valued at $667,775 in the last ninety days. Insiders own 1.50% of the company's stock.

Hedge Funds Weigh In On Coeur Mining

A number of large investors have recently made changes to their positions in the company. Voya Investment Management LLC raised its position in Coeur Mining by 39.1% in the 1st quarter. Voya Investment Management LLC now owns 167,161 shares of the basic materials company's stock worth $990,000 after purchasing an additional 47,005 shares during the period. Rhumbline Advisers grew its stake in shares of Coeur Mining by 44.7% during the first quarter. Rhumbline Advisers now owns 904,652 shares of the basic materials company's stock valued at $5,356,000 after buying an additional 279,626 shares during the last quarter. Strs Ohio purchased a new stake in shares of Coeur Mining in the first quarter worth approximately $699,000. GK Wealth Management LLC purchased a new stake in shares of Coeur Mining in the first quarter worth approximately $113,000. Finally, Intech Investment Management LLC lifted its stake in shares of Coeur Mining by 58.4% during the 1st quarter. Intech Investment Management LLC now owns 269,203 shares of the basic materials company's stock worth $1,594,000 after acquiring an additional 99,256 shares during the last quarter. 63.01% of the stock is owned by hedge funds and other institutional investors.

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.