Coeur Mining Inc (NYSE:CDE) Shares Dropped -3.93% In A Week. Can It Continue Rising?

In last trading session, Coeur Mining Inc (NYSE:CDE) saw 19.79 million shares changing hands with its beta currently measuring 1.22. Company’s recent per share price level of $5.86 trading at $0.11 or 1.91% at ring of the bell on the day assigns it a market valuation of $3.74B. That closing price of CDE’s stock is at a discount of -31.74% from its 52-week high price of $7.72 and is indicating a premium of 29.52% from its 52-week low price of $4.13. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 18.55 million shares which gives us an average trading volume of 20.83 million if we extend that period to 3-months.

For Coeur Mining Inc (CDE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.11. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.

Coeur Mining Inc (NYSE:CDE) trade information

Upright in the green during last session for gaining 1.91%, in the last five days CDE remained trading in the red while hitting it’s week-highest on Wednesday, 04/16/25 when the stock touched $5.86 price level, adding 9.98% to its value on the day. Coeur Mining Inc’s shares saw a change of 2.45% in year-to-date performance and have moved -3.93% in past 5-day. Coeur Mining Inc (NYSE:CDE) showed a performance of -6.39% in past 30-days. Number of shares sold short was 28.29 million shares which calculate 1.37 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7.88 to the stock, which implies a rise of 25.59% to its current value. Analysts have been projecting 7.25 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would drop -23.72% in reaching the projected high whereas dropping to the targeted low would mean a loss of -23.72% for stock’s current value.

Coeur Mining Inc (CDE) estimates and forecasts

This year revenue growth is estimated to rise 54.10% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 313.13M for the same. And 1 analysts are in estimates of company making revenue of 455.8M in the next quarter. Company posted 213.06M and 222.03M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 195.78% while estimates for its earnings growth in next 5 years are of 59.59%.

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

Insiders are in possession of 1.00% of company’s total shares while institution are holding 54.09 percent of that, with stock having share float percentage of 54.63%. Investors also watch the number of corporate investors in a company very closely, which is 54.09% institutions for Coeur Mining Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CDE for having 37.28 million shares of worth $209.5 million. And as of 2024-06-30, it was holding 9.4652 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 37.02 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.3992 of outstanding shares, having a total worth of $208.04 million.