What Could Change After Coeur Mining Inc (NYSE: CDE) Gains 68.35% From The High-Point?

IPW

Coeur Mining Inc (NYSE:CDE)’s traded shares stood at 0.83 million during the latest session, with the company’s beta value hitting 1.64. At the last check today, the stock’s price was $6.32, to imply a decrease of -3.88% or -$0.26 in intraday trading. The CDE share’s 52-week high remains $6.82, putting it -7.91% down since that peak but still an impressive 68.35% since price per share fell to its 52-week low of $2.00. The company has a valuation of $2.53B, with an average of 8.12 million shares in intraday trading volume over the past 10 days and average of 6.75 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Coeur Mining Inc (CDE), translating to a mean rating of 1.56. Of 5 analyst(s) looking at the stock, 0 analyst(s) give CDE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy.

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

After registering a -3.88% downside in the latest session, Coeur Mining Inc (CDE) has traded red over the past five days. The 5-day price performance for the stock is 7.20%, and -0.86% over 30 days. With these gigs, the year-to-date price performance is 94.02%. Short interest in Coeur Mining Inc (NYSE:CDE) saw shorts transact 17.61 million shares and set a 3.3 days time to cover.

The extremes give us $4 and $7.5 for target low and target high price respectively. As such, CDE has been trading -18.67% off suggested target high and 36.71% from its likely low.

Coeur Mining Inc (CDE) estimates and forecasts

Looking at statistics comparing Coeur Mining Inc share performance against respective industry, we note that the company has outperformed competitors. Coeur Mining Inc (CDE) shares are 137.78% up over the last 6 months, with its year-to-date growth rate higher than industry average at 134.78% against 7.20%.

CDE Dividends

Coeur Mining Inc has its next earnings report out on 2024-Nov-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 0.87%.

Coeur Mining Inc (NYSE:CDE)’s Major holders

Coeur Mining Inc insiders hold 1.52% of total outstanding shares, with institutional holders owning 78.53% of the shares at 79.73% float percentage. In total, 78.53% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 37.28 million shares (or 9.6833% of shares), all amounting to roughly $209.5 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 37.02 million shares, or about 9.6158% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $208.04 million.

We also have VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF as the top two Mutual Funds with the largest holdings of the Coeur Mining Inc (CDE) shares. Going by data provided on Jul 31, 2024 , VanEck ETF Trust-VanEck Gold Miners ETF holds roughly 17.95 shares. This is just over 4.50% of the total shares, with a market valuation of $113.99 million. Data from the same date shows that the other fund manager holds a little less at 12.52, or 3.14% of the shares, all valued at about 79.49 million.