Quantamental Technologies LLC Acquires New Holdings in Coeur Mining Inc (CDE)

Quantamental Technologies LLC acquired a new position in Coeur Mining Inc (NYSE:CDE) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 12,188 shares of the basic materials company’s stock, valued at approximately $54,000.

Other institutional investors have also recently added to or reduced their stakes in the company. HRT Financial LLC purchased a new position in shares of Coeur Mining during the 3rd quarter worth $117,000. Thrivent Financial for Lutherans purchased a new stake in Coeur Mining during the third quarter worth about $122,000. Jefferies Group LLC purchased a new stake in Coeur Mining during the third quarter worth about $131,000. Tower Research Capital LLC TRC grew its position in shares of Coeur Mining by 17,466.2% during the third quarter. Tower Research Capital LLC TRC now owns 25,471 shares of the basic materials company’s stock worth $135,000 after buying an additional 25,326 shares in the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of Coeur Mining during the third quarter worth about $160,000. Institutional investors own 65.87% of the company’s stock.

Shares of NYSE CDE opened at $5.04 on Monday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.96 and a quick ratio of 1.00. Coeur Mining Inc has a twelve month low of $3.80 and a twelve month high of $8.89. The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 252.00 and a beta of 0.51.

A number of equities analysts recently issued reports on the company. Raymond James set a $8.00 price target on Coeur Mining and gave the company a “buy” rating in a report on Thursday, November 1st. Noble Financial set a $7.00 price objective on Coeur Mining and gave the company a “buy” rating in a research note on Wednesday, January 16th. Zacks Investment Research upgraded Coeur Mining from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 11th. Finally, TheStreet cut Coeur Mining from a “c-” rating to a “d+” rating in a research note on Thursday, October 25th. Two investment analysts have rated the stock with a sell rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $8.55.

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Coeur Mining Company Profile

Coeur Mining, Inc owns, operates, explores for, and develops silver and gold properties. It holds interests in the Palmarejo silver-gold complex located in Mexico; the Silvertip silver-zinc-lead mine located in British Columbia; the Rochester silver-gold mine located in Nevada; the Kensington gold mine located in Alaska; and the Wharf gold mine located in South Dakota.

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Institutional Ownership by Quarter for Coeur Mining (NYSE:CDE)

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