Coeur Mining (CDE) : Zacks Investment Research ranks Coeur Mining (CDE) as 1, which is a Strong Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 2.22, which indicates as a Buy.
Coeur Mining (CDE) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $18 and the lowest price target forecast is $6. The average forecast of all the analysts is $12.44 and the expected standard deviation is $4.93.
Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm RBC Capital upgrades its rating on Coeur Mining (NYSE:CDE). The rating major has initiated the coverage with outperform rating on the shares. Earlier, the shares were rated a Sector Perform by the brokerage firm. The rating by the firm was issued on July 14, 2016.
Coeur Mining (NYSE:CDE): The stock was completely flat for the day, closing at $15.61 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $15.50, the stock touched an intraday high of $15.80 and a low of $14.88. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $15.61. The total trading volume on Wednesday was 5,165,649.
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.