Coeur Mining Inc (NYSE:CDE) has a beta value of 1.64 and has seen 1.0 million shares traded in the recent trading session. The company, currently valued at $2.82B, closed the recent trade at $7.06 per share which meant it gained $0.23 on the day or 3.37% during that session. The CDE stock price is -4.67% off its 52-week high price of $7.39 and 71.67% above the 52-week low of $2.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.78 million shares traded. The 3-month trading volume is 7.17 million shares.
The consensus among analysts is that Coeur Mining Inc (CDE) is Buy stock at the moment, with a recommendation rating of 1.56. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.06.
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Coeur Mining Inc (NYSE:CDE) trade information
Sporting 3.37% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CDE stock price touched $7.06 or saw a rise of 4.47%. Year-to-date, Coeur Mining Inc shares have moved 116.56%, while the 5-day performance has seen it change 1.29%. Over the past 30 days, the shares of Coeur Mining Inc (NYSE:CDE) have changed 11.00%. Short interest in the company has seen 19.84 million shares shorted with days to cover at 2.77.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could drop -41.2% from the levels at last check today. The projected low price target is $4.0 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -13.31% off the targeted high while a plunge would see the stock lose 43.34% from the levels at last check today.
Coeur Mining Inc (CDE) estimates and forecasts
Figures show that Coeur Mining Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 105.83% over the past 6 months, with this year growth rate of 134.78%, compared to 17.60% for the industry. Revenue growth from the last financial year stood is estimated to be 23.30%.
3 analysts offering their estimates for the company have set an average revenue estimate of 281.9M for the current quarter. 2 have an estimated revenue figure of 279.45M for the next ending quarter. Year-ago sales stood 257.4M and 262.09M respectively for this quarter and the next, and analysts expect sales will grow by 9.50% for the current quarter and 23.30% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.67% over the past 5 years.
CDE Dividends
Coeur Mining Inc is expected to release its next earnings report on 2024-Nov-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Coeur Mining Inc (NYSE:CDE)’s Major holders
Insiders own 1.52% of the company shares, while shares held by institutions stand at 78.23% with a share float percentage of 79.44%. Investors are also buoyed by the number of investors in a company, with Coeur Mining Inc having a total of 339.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 37.28 million shares worth more than $209.5 million. As of 2024-06-30, BLACKROCK INC. held 9.6833% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 37.02 million shares as of 2024-06-30. The firm’s total holdings are worth over $208.04 million and represent 9.6158% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Jul 31, 2024, the former fund manager holds about 4.50% shares in the company for having 17.95 shares of worth $126.04 million while later fund manager owns 12.52 shares of worth $87.88 million as of Jul 31, 2024, which makes it owner of about 3.14% of company’s outstanding stock.
