In the last trading session, 20.58 million Coeur Mining Inc (NYSE:CDE) shares changed hands as the company’s beta touched 1.36. With the company’s per share price at $6.43 changed hands at $0.4 or 6.63% during last session, the market valuation stood at $4.11B. CDE’s last price was a discount, traded about -20.06% off its 52-week high of $7.72. The share price had its 52-week low at $2.98, which suggests the last value was 53.65% up since then. When we look at Coeur Mining Inc’s average trading volume, we note the 10-day average is 20.17 million shares, with the 3-month average coming to 16.82 million.
Analysts gave the Coeur Mining Inc (CDE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.10. 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 -0.01.
Coeur Mining Inc (NYSE:CDE) trade information
Instantly CDE was in green as seen at the end of in last trading. With action 25.34%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 12.41%, with the 5-day performance at 25.34% in the green. However, in the 30-day time frame, Coeur Mining Inc (NYSE:CDE) is -10.94% down. Looking at the short shares, we see there were 21.88 million shares sold at short interest cover period of 0.92 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7.62, meaning bulls need an upside of 15.62% from its current 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 -24.42% plunge from its current level, while the stock would need to soar -12.75% for it to hit the projected low.
Coeur Mining Inc (CDE) estimates and forecasts
Year-over-year growth is forecast to reach 47.57% 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 138.43%, but the outlook for the next 5-year period is at 61.45% per year.
CDE Dividends
Coeur Mining Inc is expected to release its next quarterly earnings report on 2025-Feb-18. During the past 5 years, the average dividend yield was 0.87 per year.
Coeur Mining Inc (NYSE:CDE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.97% of Coeur Mining Inc shares while 53.42% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 53.95%. There are 53.42% institutions holding the Coeur Mining Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 9.6833% of the shares, roughly 37.28 million CDE shares worth $209.5 million.
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 Dec 31, 2024 were VanEck ETF Trust-VanEck Gold Miners ETF and Amplify ETF Tr-Amplify Junior Silver Miners ETF . With 16.73 shares estimated at $107.59 million under it, the former controlled 2.62% of total outstanding shares. On the other hand, Amplify ETF Tr-Amplify Junior Silver Miners ETF held about 2.09% of the shares, roughly 13.34 shares worth around $85.8 million.
