At the time of writing, Coeur Mining Inc [CDE] stock is trading at $3.13, down -1.88%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CDE shares have gain 15.50% over the last week, with a monthly amount glided 17.23%, and seem to be holding up well over a long-time horizon.
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On 26, February 2024, Coeur Announces Flow-Through Shares Private Placement to Advance Silvertip Exploration. In a post published today on Yahoo Finance, C$34 million of expected proceeds to fund accelerated exploration program.
From an analyst’s perspective:
Previously, RBC Capital Mkts upgraded its rating to Outperform on September 22, 2023, and kept the price target unchanged to $4. On July 24, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $3.75 on the stock. National Bank Financial started tracking the stock assigning a Outperform rating and suggested a price target of $4.25 on June 28, 2023. Canaccord Genuity upgraded its rating to a Hold but $4 remained the price target by the analyst firm on January 19, 2023. Noble Capital Markets downgraded its rating to Market Perform for this stock on August 08, 2022. In a note dated August 05, 2022, Canaccord Genuity downgraded an Hold rating on this stock but restated the target price of $3.50.
For the past year, the stock price of Coeur Mining Inc fluctuated between $2.00 and $4.55. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Coeur Mining Inc [NYSE: CDE] shares were valued at $3.13 at the most recent close of the market. An investor can expect a potential return of 19.81% based on the average CDE price forecast.
Analyzing the CDE fundamentals
According to Coeur Mining Inc [NYSE:CDE], the company’s sales were 814.61M for trailing twelve months, which represents an 27.90% jump. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.1 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.04 points at the first support level, and at 2.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.26, and for the 2nd resistance point, it is at 3.39.
Coeur Mining Inc [CDE] reported earnings per share of -$0.02 for its fiscal quarter that ended on 12/30/2023. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.05 per share as compared to estimates of -$0.01 per share, a difference of -$0.04 representing a surprise of -400.00%.
Ratios To Look Out For
It is important to note that Coeur Mining Inc [NYSE:CDE] has a current ratio of 0.92. In addition, the Quick Ratio stands at 0.38 and the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 1.48, the price to book ratio is 1.18.
Transactions by insiders
Recent insider trading involved Watkinson Kenneth J, VP, Corporate Controller & CAO, that happened on Nov 27 ’23 when 7000.0 shares were sold. SVP, Exploration, McGrath Aoife completed a deal on Sep 11 ’23 to buy 6200.0 shares. Meanwhile, Director Das Paramita bought 500.0 shares on Aug 14 ’23.
