Coeur Mining Inc. [CDE] Stock trading around $5.04 per share: What’s Next?

Coeur Mining Inc. [NYSE: CDE] closed the trading session at $5.04 on 06/15/20. The day’s price range saw the stock hit a low of $4.49, while the highest price level was $5.105. The stocks have a year to date performance of -37.62 percent and weekly performance of -4.91 percent. The stock has been moved at -27.59 percent over the last six months. The stock has performed 16.40 percent around the most recent 30 days and changed 91.63 percent over the most recent 3-months.

If compared to the average trading volume of 7.26M shares, CDE reached to a volume of 5507483 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Coeur Mining Inc. [CDE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CDE shares is $6.85 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CDE stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Canaccord Genuity have made an estimate for Coeur Mining Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 14, 2020. The new note on the price target was released on April 08, 2020, representing the official price target for Coeur Mining Inc. stock. Previously, the target price had yet another raise to $7.90, while B. Riley FBR analysts kept a Buy rating on CDE stock. On February 24, 2020, analysts increased their price target for CDE shares from 5 to 5.50.

The Average True Range (ATR) for Coeur Mining Inc. is set at 0.47, with the Price to Sales ratio for CDE stock in the period of the last 12 months amounting to 1.69. The Price to Book ratio for the last quarter was 1.83, with the Price to Cash per share for the same quarter was set at 0.22. Price to Free Cash Flow for CDE in the course of the last twelve months was 1029.08 with Quick ratio for the last quarter at 1.20.

CDE stock trade performance evaluation

Coeur Mining Inc. [CDE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.91. With this latest performance, CDE shares gained by 16.40% in over the last four-week period, additionally sinking by -27.59% over the last 6 months – not to mention a rise of 50.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CDE stock in for the last two-week period is set at 49.08, with the RSI for the last a single of trading hit 45.83, and the three-weeks RSI is set at 51.47 for Coeur Mining Inc. [CDE]. The present Moving Average for the last 50 days of trading for this stock 4.58, while it was recorded at 5.16 for the last single week of trading, and 5.33 for the last 200 days.

Coeur Mining Inc. [CDE]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Coeur Mining Inc. [CDE] shares currently have an operating margin of -13.26 and a Gross Margin at -7.51. Coeur Mining Inc.’s Net Margin is presently recorded at -48.78.

Return on Total Capital for CDE is now -8.11, given the latest momentum, and Return on Invested Capital for the company is -30.61. Return on Equity for this stock declined to -45.66, with Return on Assets sitting at -22.44. When it comes to the capital structure of this company, Coeur Mining Inc. [CDE] has a Total Debt to Total Equity ratio set at 52.36. Additionally, CDE Total Debt to Total Capital is recorded at 34.37, with Total Debt to Total Assets ending up at 25.33. Long-Term Debt to Equity for the company is recorded at 46.98, with the Long-Term Debt to Total Capital now at 30.84.

Reflecting on the efficiency of the workforce at the company, Coeur Mining Inc. [CDE] managed to generate an average of -$160,973 per employee. Receivables Turnover for the company is 29.38 with a Total Asset Turnover recorded at a value of 0.46.Coeur Mining Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.60.

Earnings per share (EPS) analysis for Coeur Mining Inc. [CDE] stock

With the latest financial reports released by the company, Coeur Mining Inc. posted -0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.11/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CDE.

Coeur Mining Inc. [CDE]: Insider Ownership positions

There are presently around $803 million, or 72.10% of CDE stock, in the hands of institutional investors. The top three institutional holders of CDE stocks are: VAN ECK ASSOCIATES CORP with ownership of 24,399,518, which is approximately -8.442% of the company’s market cap and around 1.50% of the total institutional ownership; BLACKROCK INC., holding 20,894,581 shares of the stock with an approximate value of $102.8 million in CDE stocks shares; and VANGUARD GROUP INC, currently with $102.16 million in CDE stock with ownership of nearly 2.588% of the company’s market capitalization.

Positions in Coeur Mining Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 82 institutional holders increased their position in Coeur Mining Inc. [NYSE:CDE] by around 17,237,329 shares. Additionally, 81 investors decreased positions by around 16,381,971 shares, while 38 investors held positions by with 129,637,432 shares. The mentioned changes placed institutional holdings at 163,256,732 shares, according to the latest SEC report filing. CDE stock had 28 new institutional investments in for a total of 7,207,176 shares, while 29 institutional investors sold positions of 2,978,832 shares during the same period.

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