The Coeur Mining Inc. (NYSE:CDE) is going up by 0.73% in today’s trading session, a rise equivalent to 0.05% of the stock’s price from yesterday’s market close. A news came out on 11/04/19 stating that Coeur Reports Third Quarter 2019 Results by WSJ. The lowest point that the shares touched during the trading session was $6.81, while the peak of the day was recorded at a share price of $6.99. CDE finished the previous session at $6.88 according to the data provided by Barchart, while the trading volume was observed to be $1435563.
In the 100 days of trading, CDE managed to top a 5.44% Moving average. Additionally, Coeur Mining Inc. shares have achieved a 52-week range between 2.78 and 7.36 alongside 100 days raw stochastic set at 86.04%.
The number of shares outstanding, according to the fundamentals of the company, is set at 256.47M, equal to the value of $1.76B in market capitalization. In the last 30 days, Coeur Mining Inc. shares went down by -5.84%, adding 7.36 to growth in value, on top of a +17.26% boost since 11/08/19.
Coeur Mining Inc. (NYSE:CDE) Analyst’s Estimates
Coeur Mining Inc. (CDE) could record at least $0.03 per share in quarterly earnings in the upcoming report on 02/19/2020, a number that would actually represent an increase of 0.19 YOY.
According to the average analyst rating, Coeur Mining Inc. would be rated as Overweight. Out of 8 different analysts monitoring CDE stock, 3 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 1 indicate that CDE is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On August 09, 2019, the stock earned a Downgrade rating due to a new analyst call from Canaccord Genuity, while analysts from ROTH Capital believe that the stock is set at Neutral from Buy, as concluded on August 07, 2019. B. Riley FBR, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on March 01, 2019.
Regardless of the rating, Noble Financial did increase their price to $8.50 as they are considering target share price analysis. ROTH Capital, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on July 10, 2018, giving the stock a Buy from the Neutral rating.
CDE Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +3.19% has been attained, while the operating margin has been recorded at -3.26%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -2.87%. Beta value of the stock is recorded at 0.87. Additionally, Coeur Mining Inc. is recording price volatility of 4.53% for the period of the last seven days and 4.57% in the last 30 days.
Coeur Mining Inc. (NYSE:CDE) Technical Outlook
For the period of the last 50 days, Coeur Mining Inc. had its Raw Stochastic average set at 86.04% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 66.01%. Stochastic %K for Coeur Mining Inc., with the last 20 days included, was set at 66.19%, having Stochastic %D topping 75.35%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Coeur Mining Inc. stocks with recording 53.91% in metrics.
Coeur Mining Inc. Insider Watch:
Similarly, 73.94% of the company’s float is held by institutions – and there are 263 institutions in total holding shares of this company. The top three institutional holders of CDE stocks are: Van Eck Associates Corporation with ownership of $114.39 million, which is approximately 23780735 of the company’s shares; Vanguard Group, Inc. (The), holding 18545423 shares of the stock with an approximate value of $89.2 million; and Dimensional Fund Advisors LP, currently with more than 18489049 shares of the company valued at $88.93 million. Positions in Coeur Mining Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares. Similarly, there were 3 sale transactions amounting to 59891 shares, with the net shares purchased during the last six months reaching -59,891.