In yesterday’s Wall Street session, Coeur Mining Inc (NYSE:CDE) shares traded at $3.35, up 10.56% from the previous session.
CDE stock price is now 19.83% away from the 50-day moving average and 22.21% away from the 200-day moving average. The market capitalization of the company currently stands at $1.29B.
On September 22, 2023, RBC Capital Mkts Upgraded its previous ‘Sector Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $4, while ‘Canaccord Genuity’ rates the stock as ‘Buy’
In other news, McGrath Aoife, SVP, Exploration bought 6,200 shares of the company’s stock on Mar 15 ’24. The stock was bought for $20,020 at an average price of $3.23. Upon completion of the transaction, the SVP, Exploration now directly owns 207,308 shares in the company, valued at $0.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’23, VP, Corporate Controller & CAO Watkinson Kenneth J sold 7,000 shares of the business’s stock. A total of $19,684 was realized by selling the stock at an average price of $2.81. This leaves the insider owning 134,051 shares of the company worth $0.45 million. A total of 1.68% of the company’s stock is owned by insiders.
During the past 12 months, Coeur Mining Inc has had a low of $2.00 and a high of $4.55. As of last week, the company has a debt-to-equity ratio of 0.55, a current ratio of 0.92, and a quick ratio of 0.38. The fifty day moving average price for CDE is $2.8064 and a two-hundred day moving average price translates $2.7424 for the stock.
The latest earnings results from Coeur Mining Inc (NYSE: CDE) was released for Dec, 2023. According to the Gold Company, earnings per share came in at -$0.02, missing analysts’ expectations of $0 by -0.02. This compares to $0.17 EPS in the same period last year. The net profit margin was -12.72% and return on equity was -10.83% for CDE. The company reported revenue of $262.09 million for the quarter, compared to $210.12 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.74 percent. For the current quarter, analysts expect CDE to generate $260M in revenue.
