Headlines about Coeur Mining (NYSE:CDE) have been trending somewhat positive this week, according to Alpha One. Alpha One, a subsidiary of Accern, rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Coeur Mining earned a daily sentiment score of 0.13 on Alpha One’s scale. Alpha One also gave headlines about the basic materials company an impact score of 66 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Alpha One Sentiment’s rankings:
- Technical Research on Silver Equities — Hecla Mining, First Majestic Silver, Coeur Mining, and Great Panther Silver (kswo.com)
- Coeur Mining, Inc. – Value Analysis (NYSE:CDE) : June 16, 2017 (finance.yahoo.com)
- Coeur Mining, Inc. (CDE) Given a $13.00 Price Target at Roth Capital (americanbankingnews.com)
- Coeur Mining, Inc. breached its 50 day moving average in a Bearish Manner : CDE-US : June 15, 2017 (finance.yahoo.com)
- Technical Analysis That Matters: Coeur Mining, Inc. (CDE), Integrated Device Technology, Inc. (IDTI) – StockNewsMagazine (stocknewsmagazine.com)
Several analysts recently issued reports on CDE shares. Roth Capital set a $13.00 target price on Coeur Mining and gave the stock a “buy” rating in a report on Wednesday. Royal Bank Of Canada set a $13.00 target price on Coeur Mining and gave the stock a “buy” rating in a report on Monday, June 12th. BidaskClub upgraded Coeur Mining from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. Zacks Investment Research upgraded Coeur Mining from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a report on Monday, March 13th. Finally, Deutsche Bank AG dropped their target price on Coeur Mining from $10.50 to $9.00 and set a “hold” rating on the stock in a report on Tuesday, March 21st. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Coeur Mining has a consensus rating of “Buy” and a consensus target price of $11.34.
Coeur Mining (NYSE CDE) traded down 2.11% during mid-day trading on Friday, reaching $8.36. The company had a trading volume of 14,812,676 shares. The company has a market capitalization of $1.52 billion, a P/E ratio of 15.12 and a beta of 0.57. The stock has a 50 day moving average price of $9.20 and a 200 day moving average price of $9.41. Coeur Mining has a one year low of $7.30 and a one year high of $16.41.
Coeur Mining (NYSE:CDE) last released its quarterly earnings results on Wednesday, April 26th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. The business had revenue of $206.10 million during the quarter, compared to the consensus estimate of $208.95 million. Coeur Mining had a return on equity of 14.07% and a net margin of 13.05%. The company’s quarterly revenue was up 38.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.06) EPS. On average, equities analysts expect that Coeur Mining will post $0.24 earnings per share for the current fiscal year.
In other Coeur Mining news, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Friday, April 28th. The shares were sold at an average price of $8.89, for a total transaction of $88,900.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is owned by company insiders.
Coeur Mining Company Profile
Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.
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