Coeur Mining Inc (CDE) Stock Up 6.92%: Latest Performance Analysis

Coeur Mining Inc [CDE] stock is trading at $7.11, up 6.92%. 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 14.86% over the last week, with a monthly amount glided 7.89%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Coeur Mining Inc [NYSE: CDE] stock has seen the most recent analyst activity on August 08, 2024, when Cantor Fitzgerald downgraded its rating to a Neutral. Previously, BMO Capital Markets upgraded its rating to Outperform on May 03, 2024. On April 09, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $5.40 on the stock. RBC Capital Mkts upgraded its rating to a Outperform but $4 remained the price target by the analyst firm on September 22, 2023. Canaccord Genuity upgraded its rating to Buy for this stock on July 24, 2023, but kept the price target unchanged to $3.75. In a note dated June 28, 2023, National Bank Financial initiated an Outperform rating and provided a target price of $4.25 on this stock.

Coeur Mining Inc [CDE] stock has fluctuated between $2.42 and $7.72 over the past year. Currently, Wall Street analysts expect the stock to reach $7.63 within the next 12 months. Coeur Mining Inc [NYSE: CDE] shares were valued at $7.11 at the most recent close of the market. An investor can expect a potential return of 7.31% based on the average CDE price forecast.

Analyzing the CDE fundamentals

Coeur Mining Inc [NYSE:CDE] reported sales of 982.54M for the trailing twelve months, which represents a growth of 60.90%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.

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 6.90 points at the first support level, and at 6.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.38, and for the 2nd resistance point, it is at 7.64.

Ratios To Look Out For

For context, Coeur Mining Inc’s Current Ratio is 1.09. In addition, the Quick Ratio stands at 0.39 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 2.83, the price to book ratio is 2.62.

Transactions by insiders

Recent insider trading involved Edwards Sebastian, Director, that happened on May 07 ’24 when 20000.0 shares were sold. VP, Corporate Controller & CAO, Watkinson Kenneth J completed a deal on May 03 ’24 to sell 44000.0 shares. Meanwhile, SVP, Exploration McGrath Aoife bought 6200.0 shares on Mar 15 ’24.

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