Coeur Mining Inc (NYSE: CDE) Stock Dropped -19.93% Over A Month – Is There Any Hope Of A Gain?

During the recent session, Coeur Mining Inc (NYSE:CDE)’s traded shares were 2.4 million, with the beta value of the company hitting 1.43. At the last check today, the stock’s price was $5.68, reflecting an intraday gain of 3.22% or $0.18. The 52-week high for the CDE share is $7.72, that puts it down -35.92 from that peak though still a striking 47.54% gain since the share price plummeted to a 52-week low of $2.98. The company’s market capitalization is $3.63B, and the average trade volume was 16.03 million shares over the past three months.

Coeur Mining Inc (CDE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.11. CDE has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.01.

Coeur Mining Inc (NYSE:CDE) trade information

Coeur Mining Inc (CDE) registered a 3.22% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.22% in intraday trading to $5.68, hitting a weekly high. The stock’s 5-day price performance is 10.24%, and it has moved by -19.93% in 30 days. Based on these gigs, the overall price performance for the year is 95.09%.

The consensus price target of analysts on Wall Street is $7.62, which implies an increase of 25.46% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.25 and $8 respectively. As a result, CDE is trading at a discount of -40.85% off the target high and -27.64% off the low.

Coeur Mining Inc (CDE) estimates and forecasts

In the rating firms’ projections, revenue will increase 42.21% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 293.5M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 374.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 213.06M and 222.03M respectively. In this case, analysts expect current quarter sales to grow by 37.75% and then jump by 68.81% in the coming quarter. While earnings are projected to return 150.88% in 2025, the next five years will return 82.83% per annum.

CDE Dividends

Coeur Mining Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

The next largest institutional holding, with 37.02 million shares, is of VANGUARD GROUP INC’s that is approximately 9.6158% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $208.04 million.

Also, the Mutual Funds coming in first place with the largest holdings of Coeur Mining Inc (CDE) shares are VanEck ETF Trust-VanEck Gold Miners ETF and Amplify ETF Tr-Amplify Junior Silver Miners ETF. Data provided on Dec 31, 2024 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 16.73 shares. This amounts to just over 2.62 percent of the company’s overall shares, with a $93.87 million market value. The same data shows that the other fund manager holds slightly less at 12.01, or about 1.88% of the stock, which is worth about $67.38 million.