In the past week, CDE stock has gone up by 1.04%, with a monthly decline of -14.12% and a quarterly plunge of -12.84%. The volatility ratio for the week is 5.10%, and the volatility levels for the last 30 days are 4.91% for Coeur Mining Inc. The simple moving average for the last 20 days is -4.92% for CDE stock, with a simple moving average of -13.13% for the last 200 days.
Is It Worth Investing in Coeur Mining Inc. (NYSE: CDE) Right Now?
compared to its average ratio and a 36-month beta value of 1.55. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Coeur Mining Inc. (CDE) is $4.51, which is $1.55 above the current market price. The public float for CDE is 276.60M, and currently, short sellers hold a 5.00% ratio of that float. The average trading volume of CDE on March 17, 2023 was 5.22M shares.
CDE) stock’s latest price update
Coeur Mining Inc. (NYSE: CDE)’s stock price has decreased by -2.99 compared to its previous closing price of 3.01. Despite this, the company has experienced a 1.04% gain in its stock price over the last five trading sessions.
Analysts’ Opinion of CDE
In the past week, CDE stock has gone up by 1.04%, with a monthly decline of -14.12% and a quarterly plunge of -12.84%. The volatility ratio for the week is 5.10%, and the volatility levels for the last 30 days are 4.91% for Coeur Mining Inc. The simple moving average for the last 20 days is -4.92% for CDE stock, with a simple moving average of -13.13% for the last 200 days.
Analysts’ Opinion of CDE
Many brokerage firms have already submitted their reports for CDE stocks, with Canaccord Genuity repeating the rating for CDE by listing it as a “Hold.” The predicted price for CDE in the upcoming period, according to Canaccord Genuity is $4 based on the research report published on January 19th of the current year 2023.
Canaccord Genuity gave a rating of “Hold” to CDE, setting the target price at $3.50 in the report published on August 05th of the previous year.
CDE Trading at -16.15% 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 -45.88% of loss for the given period.
Volatility was left at 4.91%, however, over the last 30 days, the volatility rate increased by 5.10%, as shares sank -11.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.12% lower at present.
During the last 5 trading sessions, CDE rose by +1.04%, which changed the moving average for the period of 200-days by -28.08% in comparison to the 20-day moving average, which settled at $3.05. In addition, Coeur Mining Inc. saw -13.10% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDE starting from THOMPSON J KENNETH, who purchase 10,000 shares at the price of $2.93 back on Mar 07. After this action, THOMPSON J KENNETH now owns 234,122 shares of Coeur Mining Inc., valued at $29,287 using the latest closing price.
Gress Randy, the Director of Coeur Mining Inc., purchase 20,000 shares at $2.93 during a trade that took place back on Feb 24, which means that Gress Randy is holding 205,213 shares at $58,580 based on the most recent closing price.
Stock Fundamentals for CDE
Current profitability levels for the company are sitting at:
- -5.44 for the present operating margin
- +0.31 for the gross margin
The net margin for Coeur Mining Inc. stands at -10.26. Equity return is now at value -9.00, with -4.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.37.
Conclusion
To put it simply, Coeur Mining Inc. (CDE) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
