Coeur Mining Inc. (NYSE:CDE) went down by -0.48% from its latest closing price compared to the recent 1-year high of $12.60. The company’s stock price has collected 1.81% of gains in the last five trading sessions. Press Release reported on 10/05/21 that Coeur Announces Third Quarter 2021 Earnings Call
Is It Worth Investing in Coeur Mining Inc. (NYSE :CDE) Right Now?
Coeur Mining Inc. (NYSE:CDE) scored a price-to-earnings ratio above its average ratio, recording 20.95 x from its present earnings ratio. Plus, the 36-month beta value for CDE is at 1.77. Opinions of the stock are interesting as 4 analysts out of 9 who provided ratings for Coeur Mining Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $9.97, which is $4.1 above the current price. CDE currently public float of 253.26M and currently shorts hold a 3.25% ratio of that float. Today, the average trading volume of CDE was 3.47M shares.
CDE’s Market Performance
CDE stocks went up by 1.81% for the week, with a monthly drop of -13.32% and a quarterly performance of -23.80%, while its annual performance rate touched -24.82%. The volatility ratio for the week stands at 4.48% while the volatility levels for the past 30 days are set at 4.54% for Coeur Mining Inc.. The simple moving average for the period of the last 20 days is -1.60% for CDE stocks with a simple moving average of -28.26% for the last 200 days.
Analysts’ Opinion of CDE
Canaccord Genuity, on the other hand, stated in their research note that they expect to see CDE reach a price target of $110. The rating they have provided for CDE stocks is “Buy” according to the report published on April 30th, 2021.
CDE Trading at -6.68% from the 50-Day Moving Average
After a stumble in the market that brought CDE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.95% of loss for the given period.
Volatility was left at 4.54%, however, over the last 30 days, the volatility rate increased by 4.48%, as shares sank -12.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.34% lower at present.
During the last 5 trading sessions, CDE rose by +1.81%, which changed the moving average for the period of 200-days by -37.45% in comparison to the 20-day moving average, which settled at $6.24. In addition, Coeur Mining Inc. saw -40.29% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CDE starting from Whelan Thomas S, who purchase 14,500 shares at the price of $6.90 back on Aug 06. After this action, Whelan Thomas S now owns 303,199 shares of Coeur Mining Inc., valued at $100,050 using the latest closing price.
MELLOR ROBERT E, the Chairman (non-executive) of Coeur Mining Inc., purchase 1,000 shares at $7.30 during a trade that took place back on Aug 03, which means that MELLOR ROBERT E is holding 186,233 shares at $7,298 based on the most recent closing price.
Stock Fundamentals for CDE
Current profitability levels for the company are sitting at:
- +14.43 for the present operating margin
- +19.41 for the gross margin
The net margin for Coeur Mining Inc. stands at +3.30. The total capital return value is set at 11.07, while invested capital returns managed to touch 2.62. Equity return is now at value 9.90, with 4.90 for asset returns.
Based on Coeur Mining Inc. (CDE), the company’s capital structure generated 45.47 points at debt to equity in total, while total debt to capital is 31.26. Total debt to assets is 22.46, with long-term debt to equity ratio resting at 40.50. Finally, the long-term debt to capital ratio is 27.84.
When we switch over and look at the enterprise to sales, we see a ratio of 3.52, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 36.86 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.