In today’s recent session, 5,636,669 shares of the Coeur Mining, Inc.(NYSE:CDE) have been traded, and its beta is 2.03. Most recently the company’s share price was $9.88, and it changed around $1.15 or 0.13% from the last close, which brings the market valuation of the company to $2.41 Billion. CDE at last check was trading at a discount to its 52-week high of $12.6, offering almost -27.53% off that amount. The share price’s 52-week low was $1.98, which indicates that the recent value has risen by an impressive 79.96% since then. We note from Coeur Mining, Inc.’s average daily trading volume that its 10-day average is 4.51 Million shares, with the 3-month average coming to 5.52 Million.

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Coeur Mining, Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 2.5. If we narrow it down even further, the data shows that none out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended CDE as a Hold, whereas 4 deemed it a Buy, and no one rated it as Underweight. Coeur Mining, Inc. is expected to report earnings per share of $0.08 for the current quarter.

Coeur Mining, Inc. (NYSE:CDE): Trading Information Today

Instantly CDE has been showing a green trend so far today with a performance of 13.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $9.96- on Monday, Feb 22 increased the stock’s daily price by 1.2%. The company’s shares are currently down -0.05% year-to-date, but still up 0.0813 over the last five days. On the other hand, Coeur Mining, Inc. (NYSE:CDE) is 0.14% up in the 30-day period. We can see from the shorts that 4.88 Million shares have been sold at a short interest cover period of 0.88 day(s).

The consensus price target as assigned by Wall Street analysts is $11.16, which translates to bears needing to increase their stock price by 12.96% from its current value. Analyst projections state that CDE is forecast to be at a low of $9 and a high of $14. In order for the stock price to hit the forecast high, the stock would need to surge +41.7% from its current level, while the stock would need to crash -8.91% from its current level to reach the projected low.

Coeur Mining, Inc. (CDE) projections and forecasts

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of $207.03 Million in revenue for the current quarter. 2 analysts expect Coeur Mining, Inc. to make $236.89 Million in revenue for the quarter ending June 01, 2021. The company’s sales for the same quarters a year ago were $173.17 Million and $152.14 Million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 19.6%. Forecasts for the next quarter put sales growth at 55.7%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 15.4%. Coeur Mining, Inc. earnings are expected to increase by 106.7% in 2021, but the outlook is negative 0% per year for the next five years.

Coeur Mining, Inc. (NYSE:CDE)’s Biggest Investors

Upon looking at major shareholders, it appears that insiders hold 1.43% of Coeur Mining, Inc. shares, and 71.92% of them are in the hands of institutional investors. The stock currently has a share float of 72.96%. Coeur Mining, Inc. stock is held by 298 institutions, with Van Eck Associates Corporation being the largest institutional investor. By Dec 30, 2020, it held 10.25% of the shares, which is about 24.98 Million shares worth $258.59 Million.


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