Coeur Mining (NYSE:CDE – Get Rating) will issue its quarterly earnings data after the market closes on Wednesday, February 22nd. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Coeur Mining Trading Up 1.5 %
Coeur Mining stock opened at $3.40 on Wednesday. The stock has a 50-day moving average of $3.62 and a two-hundred day moving average of $3.42. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.18 and a current ratio of 1.73. Coeur Mining has a one year low of $2.54 and a one year high of $5.39. The stock has a market cap of $955.20 million, a PE ratio of -6.80 and a beta of 1.49.
Analyst Ratings Changes
CDE has been the subject of a number of research analyst reports. Cormark decreased their price target on Coeur Mining to $3.00 in a research note on Wednesday, November 16th. Canaccord Genuity Group raised Coeur Mining from a “sell” rating to a “hold” rating and increased their price objective for the company from $3.00 to $4.00 in a report on Thursday, January 19th. Raymond James increased their price objective on Coeur Mining from $4.00 to $4.25 and gave the company a “market perform” rating in a report on Tuesday, January 31st. Finally, BMO Capital Markets cut their price objective on Coeur Mining from $3.75 to $3.50 and set a “market perform” rating on the stock in a report on Friday, December 16th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $3.65.
Institutional Investors Weigh In On Coeur Mining
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James & Associates grew its stake in Coeur Mining by 6.4% during the 1st quarter. Raymond James & Associates now owns 50,555 shares of the basic materials company’s stock worth $225,000 after purchasing an additional 3,050 shares in the last quarter. American International Group Inc. increased its position in Coeur Mining by 2.6% during the 2nd quarter. American International Group Inc. now owns 130,408 shares of the basic materials company’s stock worth $396,000 after purchasing an additional 3,343 shares during the period. Tower Research Capital LLC TRC increased its position in Coeur Mining by 25.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 22,225 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 4,487 shares during the period. Price T Rowe Associates Inc. MD increased its position in Coeur Mining by 3.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 133,322 shares of the basic materials company’s stock worth $448,000 after purchasing an additional 4,642 shares during the period. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Coeur Mining by 70.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 13,980 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 5,760 shares during the period. Institutional investors and hedge funds own 64.76% of the company’s stock.
Coeur Mining Company Profile
Coeur Mining, Inc engages in the exploration and development of silver and gold mining properties and mines located in United States, Canada and Mexico. The company operates through the following segments: Palmarejo, Rochester, Kensington, Wharf, and Silvertip. Coeur Mining was founded in 1928 and is headquartered in Chicago, IL.