Coeur Mining (NYSE:CDE) : The consensus price target for Coeur Mining (NYSE:CDE) is $7.83 for the short term with a standard deviation of $2.58. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $10, however, the pessimist price target for the company is $4.
Other Equity analysts have also commented on the company shares. In a research note released to the investors, BMO Capital upgrades its rating on Coeur Mining (NYSE:CDE).The analysts at the brokerage house have a current rating of Outperform on the shares. Earlier, the shares were rated a Market Perform by the brokerage firm. The rating by the firm was issued on May 12, 2016.
Coeur Mining (NYSE:CDE): stock turned positive on Thursday. Though the stock opened at $9.38, the bulls momentum made the stock top out at $9.69 level for the day. The stock recorded a low of $9.32 and closed the trading day at $9.48, in the green by 0.64%. The total traded volume for the day was 5,101,746. The stock had closed at $9.42 in the previous days trading.
The company shares have rallied 65.85% from its 1 Year high price. On Jun 20, 2016, the shares registered one year high at $9.78 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $8.20 and the 200 Day Moving Average price is recorded at $5.11. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chairman (non-executive)) of Coeur Mining, Inc., Mellor Robert E, had purchased 2,000 shares in a transaction dated on April 29, 2016. The transaction was executed at $7.84 per share with total amount equaling $15,680.
Coeur Mining, Inc. (Coeur) is a silver producer. The Company has gold production and mines located in the United States, Mexico and Bolivia; a silver interest in Australia, and exploration projects in Mexico and Argentina. The Companys segments include Palmarejo, San Bartolome, Rochester, Kensington, La Preciosa and Coeur Capital. The Palmarejo surface and underground silver and gold mine, owned and operated by Coeur Mexicana, is located in the state of Chihuahua, Mexico. The San Bartolome silver mine, operated by Manquiri, is located on the flanks of the Cerro Rico Mountain. The Rochester mine is an open pit silver and gold mine located in Pershing County, Nevada. The Kensington underground gold mine is located on the east side of the Lynn Canal. La Preciosa is an advanced-stage silver and gold exploration project located around 52 miles northeast of the city of Durango in Durango State, Mexico. Coeur Capital holds the Endeavor silver stream and other precious metals royalties.