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Main » Coeur Mining Inc (CDE) Receives Average Rating of "Hold" from Analysts

Coeur Mining Inc (CDE) Receives Average Rating of "Hold" from Analysts

13 January 2018

(NYSE:CDE) shares. Rasmussen Hans John sold $92,500 worth of Coeur Mining, Inc. Coeur Mining posted earnings per share of ($0.03) in the same quarter last year, which would suggest a positive year over year growth rate of 366.7%. $8.44's average target is 12.38% above currents $7.51 stock price. Noble Financial restated a "hold" rating on shares of Coeur Mining in a report on Tuesday, October 31st. (NYSE:CDE). Morgan Stanley reported 667,828 shares. (NYSE:CDE). First Trust Advsrs Ltd Partnership invested in 0% or 20,609 shares. The stock has "Buy" rating by BMO Capital Markets on Monday, September 11.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings results on Wednesday, October 25th. However the company reported $0.01 earnings per share for the same quarter during a year ago. The institutional investor held 7,703 shares of the basic industries company at the end of 2017Q3, valued at $71,000, down from 55,632 at the end of the previous reported quarter.

BMO Capital "Assumes" Coeur Mining Inc (NYSE:CDE) in a research note issued to investors on 11/17/17 to Outperform with price target of $10.5.

According to 14 analysts, the Average Revenue Estimate for the current Fiscal quarter is $254.84 Million and the Low Revenue estimate is $229.6 Million, while the High Revenue estimate is $278 Million.

Several institutional investors have recently made changes to their positions in the stock. Northpointe Capital Limited Co reported 0.75% of its portfolio in Coeur Mining, Inc. Finally, Zacks Investment Research upgraded shares of Coeur Mining from a "sell" rating to a "hold" rating in a report on Tuesday, October 10th. Coeur Mining had a negative net margin of 2.41% and a negative return on equity of 1.37%. The company had a trading volume of 3,993,386 shares, compared to its average volume of 3,200,020. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold.

Looking at the chart above, CDE's low point in its 52 week range is $6.71 per share, with $12.30 as the 52 week high point - that compares with a last trade of $8.58. The firm's revenue was up 1.5% on a year-over-year basis.

Coeur Mining, Inc is a gold and silver producer.

Coeur Mining (CDE) traded down $0.16 during trading on Wednesday, hitting $7.51. Finally, Royal Bank Of Canada lowered their price objective on shares of Coeur Mining from $19.00 to $18.00 and set an "outperform" rating for the company in a research report on Friday, November 18th. The stock was sold at an average price of $9.29, for a total transaction of $95,779.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

In related news, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Monday, October 30th. 17,167 Mastercard Incorporated (NYSE:MA) shares with value of $2.61 million were sold by McLaughlin Edward Grunde. The disclosure for this sale can be found here.

They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin. Russell Investments Group Ltd. purchased a new position in shares of Coeur Mining during the second quarter worth $141,000. QCM Cayman Ltd. acquired a new position in shares of Coeur Mining in the second quarter worth $160,000. Prudential Financial Inc. boosted its position in shares of Coeur Mining by 10.1% in the third quarter.

Investors and Traders continue to monitor technical levels of shares of Coeur Mining, Inc. Stevens Capital Management LP acquired a new stake in Coeur Mining during the 2nd quarter valued at approximately $123,000. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. State Board of Administration of Florida Retirement System now owns 112,578 shares of the basic materials company's stock valued at $966,000 after acquiring an additional 14,967 shares in the last quarter.

COPYRIGHT VIOLATION NOTICE: This story was reported by Registrar Journal and is owned by of Registrar Journal. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other.

Coeur Mining Inc (CDE) Receives Average Rating of