Coeur Mining Inc (CDE) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 1.64.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”

The public float for CDE is 393.09M, and currently, short sellers hold a 4.39% ratio of that floaft. The average trading volume of CDE on October 22, 2024 was 8.25M shares.

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CDE) stock’s latest price update

Coeur Mining Inc (NYSE: CDE)’s stock price has plunge by 1.55relation to previous closing price of 7.10. Nevertheless, the company has seen a 12.13% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-10-10 that CHICAGO–(BUSINESS WIRE)–Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced that it will report its third quarter 2024 operational and financial results after the New York Stock Exchange closes for trading on Wednesday, November 6, 2024. The Company will be hosting a conference call at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, November 7, 2024. Hosting the call will be Mitchell J. Krebs, Chairman, President and Chief Executive Officer of Coeur, who w.

CDE’s Market Performance

Coeur Mining Inc (CDE) has experienced a 12.13% rise in stock performance for the past week, with a 3.44% rise in the past month, and a 10.41% rise in the past quarter. The volatility ratio for the week is 5.03%, and the volatility levels for the past 30 days are at 4.73% for CDE. The simple moving average for the past 20 days is 6.43% for CDE’s stock, with a 45.65% simple moving average for the past 200 days.

Analysts’ Opinion of CDE

ROTH MKM gave a rating of “Buy” to CDE, setting the target price at $5.40 in the report published on April 09th of the current year.

CDE Trading at 12.32% 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 -6.61% of loss for the given period.

Volatility was left at 4.73%, however, over the last 30 days, the volatility rate increased by 5.03%, as shares surge +5.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.54% upper at present.

During the last 5 trading sessions, CDE rose by +12.13%, which changed the moving average for the period of 200-days by +147.77% in comparison to the 20-day moving average, which settled at $6.77. In addition, Coeur Mining Inc saw 121.17% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CDE starting from Edwards Sebastian, who sale 20,000 shares at the price of $5.08 back on May 07 ’24. After this action, Edwards Sebastian now owns 103,100 shares of Coeur Mining Inc, valued at $101,600 using the latest closing price.

Watkinson Kenneth J, the VP, Corporate Controller & CAO of Coeur Mining Inc, sale 44,000 shares at $4.86 during a trade that took place back on May 03 ’24, which means that Watkinson Kenneth J is holding 140,719 shares at $213,620 based on the most recent closing price.

Stock Fundamentals for CDE

Current profitability levels for the company are sitting at:

  • -0.02 for the present operating margin
  • 0.13 for the gross margin

The net margin for Coeur Mining Inc stands at -0.08. The total capital return value is set at -0.01. Equity return is now at value -7.35, with -3.61 for asset returns.

Based on Coeur Mining Inc (CDE), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is -0.39.

Currently, EBITDA for the company is 63.71 million with net debt to EBITDA at 4.91. When we switch over and look at the enterprise to sales, we see a ratio of 3.93. The receivables turnover for the company is 27.29for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.

Conclusion

In a nutshell, Coeur Mining Inc (CDE) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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