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) : The highest level Coeur Mining (CDE) is projected to reach is $18 for the short term and the lowest estimate is at $6. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $12.44 and the possibility the share price can swing is $4.93.
Company shares have received an average consensus rating of Hold for the current week Coeur Mining (NYSE:CDE): The stock opened at $15.98 on Thursday but the bulls could not build on the opening and the stock topped out at $16.27 for the day. The stock traded down to $15.68 during the day, due to lack of any buying support eventually closed down at $15.83 with a loss of -0.94% for the day. The stock had closed at $15.98 on the previous day. The total traded volume was 6,410,574 shares.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Vice President, Finance) of Coeur Mining, Inc., Spurbeck Mark had sold 4,565 shares worth of $71,899 in a transaction dated August 4, 2016. In this transaction, 4,565 shares were sold at $15.75 per share.
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.