Large Inflow of Money Detected in Coeur Mining

Coeur Mining (CDE): $0.74 million was the positive money flow into the stock on Monday and the up/down ratio of ticks was also in favor of the bulls at 3.6. The value of trades done on upticks was $1.03 million, whereas, trades done on downticks were valued at $0.28 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $0.79 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $0.79 million. Coeur Mining (CDE) fell $0.04 traded at $15.61, a change of -0.26% over the previous day. The stock is 0.71% for the week.


Shares of Coeur Mining, Inc. rose by 0.57% in the last five trading days and 15.03% for the last 4 weeks. Coeur Mining, Inc. is up 91.15% in the last 3-month period. Year-to-Date the stock performance stands at 535.89%.

Coeur Mining (NYSE:CDE): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.73 and $15.56 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.77, notching a gain of 0.77% for the day. The total traded volume was 4,180,533 . The stock had closed at $15.65 on the previous day.

In a related news, Rasmussen Hans John, officer (SVP, Exploration) of Coeur Mining, Inc., unloaded 2,500 shares at an average price of $16.15 on August 12, 2016. The total amount of the transaction was worth $40,375, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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.

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