Analyzing Analysts' Recommendations: Coeur Mining, Inc. (NYSE: CDE)

Coeur Mining Inc 200 Day Moving Average Chart

Analyzing Analysts' Recommendations: Coeur Mining, Inc. (NYSE: CDE)

Shares of Coeur Mining (NYSE CDE) traded up $0.43 during trading on Thursday, reaching $8.36. Coeur Mining posted earnings per share of ($0.03) in the same quarter last year, which would suggest a positive year over year growth rate of 366.7%. The stock has an average rating of "Hold" and an average price target of $10.29. Closing price generally refers to the last price at which a stock trades during a regular trading session. BMO Capital Markets reissued a "buy" rating on shares of Coeur Mining in a research report on Wednesday, September 13th.

CDE has been the topic of a number of research reports.

A number of other equities research analysts have also recently commented on the company.

California Resources Corporation (CRC) stock moved with shift of 1.57% in the past week.

Coeur Mining (NYSE:CDE) last released its quarterly earnings data on Wednesday, October 25th. (CDE) most recent 13F filing, the company has 27 new institutional holders - accounting for 3.4 million shares of its common stock. Previously Coeur Mining Inc (NYSE:CDE) reported $-0.1 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $-0.11 with surprise factor of -1100%. For the next fiscal year, analysts forecast that the business will post earnings of $0.40 per share, with EPS estimates ranging from $0.28 to $0.61.

BMO Capital "Assumes" Coeur Mining Inc (NYSE:CDE) in a research note issued to investors on 11/17/17 to Outperform with price target of $10.5.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CDE.

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Coeur Mining, Inc is a gold and silver producer.

Analysts await Coeur Mining, Inc. Finally, Zacks Investment Research upgraded shares of Coeur Mining from a "sell" rating to a "hold" rating in a report on Tuesday, October 10th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Finally, Royal Bank of Canada set a $11.00 price objective on shares of Coeur Mining and gave the company a "buy" rating in a research report on Friday, October 27th. The firm's market cap is $1.99 billion.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.85 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

Taking a broader look at the analyst consensus, according to 8 analysts Coeur Mining Inc (NYSE:CDE)'s price will reach at $10.47 during 52 weeks. Coeur Mining's revenue for the quarter was up 1.5% on a year-over-year basis. Blackrock invested 0.01% of its portfolio in Coeur Mining, Inc.

Coeur Mining (NYSE CDE) traded up $0.09 during mid-day trading on Tuesday, hitting $7.51. Spurbeck Mark also sold $87,875 worth of Coeur Mining, Inc. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time.

In related news, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Monday, October 30th. The insider now holds 241,283 shares of Coeur Mining, Inc. 17,167 Mastercard Incorporated (NYSE:MA) shares with value of $2.61 million were sold by McLaughlin Edward Grunde. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The disclosure for this sale can be found here. Bp Plc bought 19,000 shares as the company's stock rose 7.46% with the market. Barbara Oil Co owns 1.05% invested in Mastercard Incorporated (NYSE:MA) for 10,800 shares. Ameritas Investment Partners Inc. boosted its position in shares of Coeur Mining by 13.5% in the second quarter. QCM Cayman Ltd. purchased a new position in shares of Coeur Mining during the second quarter valued at about $160,000. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. If you are accessing this article on another website, it was copied illegally and republished in violation of U.S. and worldwide copyright and trademark laws. The firm holds interests in the Palmarejo silver and gold mine located in Mexico; the Rochester silver and gold mine in northwestern Nevada; the Kensington gold mine located to the north of Juneau, Alaska; and the Wharf gold mine in South Dakota.

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