Stocks of Coeur Mining Inc (NYSE:CDE) traded higher last session on Wall Street, down -2.20% to $5.34.
CDE stock price is now -15.98% away from the 50-day moving average and -14.12% away from the 200-day moving average. The market capitalization of the company currently stands at $3.41B.
With the price target reduced from $8.75 to $8.25, Raymond James Upgraded its rating from Mkt Perform to Outperform for Coeur Mining Inc (NYSE: CDE). , while ‘Cantor Fitzgerald’ rates the stock as ‘Neutral’
In other news, Edwards Sebastian, Director sold 20,000 shares of the company’s stock on May 07 ’24. The stock was sold for $101,600 at an average price of $5.08. Upon completion of the transaction, the Director now directly owns 103,100 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 03 ’24, VP, Corporate Controller & CAO Watkinson Kenneth J sold 44,000 shares of the business’s stock. A total of $213,620 was realized by selling the stock at an average price of $4.86. This leaves the insider owning 140,719 shares of the company worth $0.75 million. A total of 1.52% of the company’s stock is owned by insiders.
During the past 12 months, Coeur Mining Inc has had a low of $2.42 and a high of $7.72. As of last week, the company has a debt-to-equity ratio of 0.55, a current ratio of 0.83, and a quick ratio of 0.31.
The net profit margin was 5.68% and return on equity was 5.49% for CDE. The company reported revenue of $305.44 million for the quarter, compared to $262.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.54 percent.
