In the latest trading session, 3.38 million Coeur Mining Inc (NYSE:CDE) shares changed hands as the company’s beta touched 1.51. With the company’s most recent per share price at $5.14 changed hands at -$0.2 or -3.84% at last look, the market valuation stands at $3.28B. CDE’s current price is a discount, trading about -50.19% off its 52-week high of $7.72. The share price had its 52-week low at $2.42, which suggests the last value was 52.92% up since then.
Analysts gave the Coeur Mining Inc (CDE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.11. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CDE as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Coeur Mining Inc’s EPS for the current quarter is expected to be -0.0.
Coeur Mining Inc (NYSE:CDE) trade information
Instantly CDE was in red as seen in intraday trades today. With action -20.14%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -10.23%, with the 5-day performance at -20.14% in the red. However, in the 30-day time frame, Coeur Mining Inc (NYSE:CDE) is -18.88% down.
The consensus price target for the stock as assigned by Wall Street analysts is 7.62, meaning bulls need an upside of 32.55% from its recent market value. According to analyst projections, CDE’s forecast low is 7.25 with 8 as the target high. To hit the forecast high, the stock’s price needs a -55.64% plunge from its current level, while the stock would need to soar -41.05% for it to hit the projected low.
Coeur Mining Inc (CDE) estimates and forecasts
Year-over-year growth is forecast to reach 42.21% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 293.5M. 1 analysts are of the opinion that Coeur Mining Inc’s revenue for the current quarter will be 374.8M. The company’s revenue for the corresponding quarters a year ago was 213.06M and 222.03M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 37.75%. The estimates for the next quarter sales put growth at 68.81%.
The 2025 estimates are for Coeur Mining Inc earnings to increase by 150.88%, but the outlook for the next 5-year period is at 82.83% per year.
Coeur Mining Inc (NYSE:CDE)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.6158% or 37.02 million shares worth $208.04 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. With 17.61 shares estimated at $89.03 million under it, the former controlled 2.76% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 1.89% of the shares, roughly 12.07 shares worth around $61.03 million.
