Coeur Mining Inc (NYSE:CDE) Shares Jumped 12.38% In A Week. Can It Continue Rising?

In recent trading session, Coeur Mining Inc (NYSE:CDE) saw 2.77 million shares changing hands at last check today with its beta currently measuring 1.60. Company’s recent per share price level of $6.28 trading at $0.32 or 5.41% at last check today assigns it a market valuation of $2.51B. That most recent trading price of CDE’s stock is at a premium of 2.55% from its 52-week high price of $6.12 and is indicating a premium of 68.15% from its 52-week low price of $2.00. Taking a look at company’s average trading volume volume of 8.10 million if we extend that period to 3-months.

For Coeur Mining Inc (CDE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Coeur Mining Inc (NYSE:CDE) trade information

Upright in the green today for gaining 5.41%, in the last five days CDE remained trading in the green while hitting it’s week-highest on Friday, 07/05/24 when the stock touched $6.28 price level. Coeur Mining Inc’s shares saw a change of 92.71% in year-to-date performance and have moved 12.38% in past 5-day. Coeur Mining Inc (NYSE:CDE) showed a performance of 15.27% in past 30-days.

Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a fall of -25.6% to its recent value today. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 5.5. It follows that stock’s current price would jump 36.31% in reaching the projected high whereas dropping to the targeted low would mean a gain of 36.31% for stock’s current value.

Coeur Mining Inc (CDE) estimates and forecasts

Statistics highlight that Coeur Mining Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 117.38% of value to its shares in past 6 months, showing an annual growth rate of 134.78% while that of industry is 10.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -2.67% during past 5 years.

CDE Dividends

Coeur Mining Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.