Coeur Mining Inc. [NYSE: CDE] surged by $0.09 during the normal trading session on Friday and reaching a high of $7.17 during the day while it closed the day at $7.07. The company report on October 29, 2020 that Coeur Mining, Inc. to Host Earnings Call.
NEW YORK, NY / ACCESSWIRE / October 29, 2020 / Coeur Mining, Inc. (NYSE:CDE) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 29, 2020 at 11:00 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/68800.
Coeur Mining Inc. stock has also loss -9.48% of its value over the past 7 days. However, CDE stock has declined by -9.82% in the 3 months of the year. Over the past six months meanwhile, it has gained 68.74% and lost -12.50% year-on date.
The market cap for CDE stock reached $1.70 billion, with 240.98 million shares outstanding and 240.19 million shares in the current float. Compared to the average trading volume of 4.73M shares, CDE reached a trading volume of 6182409 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 $9.47 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 2.20. 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.
Noble Capital Markets have made an estimate for Coeur Mining Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on September 14, 2020. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Buy. The new note on the price target was released on July 31, 2020, representing the official price target for Coeur Mining Inc. stock.
The Average True Range (ATR) for Coeur Mining Inc. is set at 0.40, with the Price to Sales ratio for CDE stock in the period of the last 12 months amounting to 2.26. The Price to Book ratio for the last quarter was 2.56, with the Price to Cash per share for the same quarter was set at 0.32. Price to Free Cash Flow for CDE in the course of the last twelve months was 44.89 with Quick ratio for the last quarter at 0.90.
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 -9.48. With this latest performance, CDE shares dropped by -7.46% in over the last four-week period, additionally plugging by 68.74% over the last 6 months – not to mention a rise of 28.08% 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 40.47, with the RSI for the last a single of trading hit 36.50, and the three-weeks RSI is set at 43.52 for Coeur Mining Inc. [CDE]. The present Moving Average for the last 50 days of trading for this stock 7.78, while it was recorded at 7.27 for the last single week of trading, and 5.92 for the last 200 days.
Coeur Mining Inc. [CDE]: An insightful look at the core fundamentals
Coeur Mining Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.20.
Earnings per share (EPS) analysis for Coeur Mining Inc. [CDE] stock
With the latest financial reports released by the company, Coeur Mining Inc. posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/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 $1,066 million, or 68.70% 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 22,200,511, which is approximately -9.013% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 21,266,431 shares of the stock with an approximate value of $150.35 million in CDE stocks shares; and VANGUARD GROUP INC, currently with $149.4 million in CDE stock with ownership of nearly 1.771% of the company’s market capitalization.
102 institutional holders increased their position in Coeur Mining Inc. [NYSE:CDE] by around 19,288,049 shares. Additionally, 70 investors decreased positions by around 30,238,325 shares, while 31 investors held positions by with 101,268,056 shares. The mentioned changes placed institutional holdings at 150,794,430 shares, according to the latest SEC report filing. CDE stock had 31 new institutional investments in for a total of 9,400,390 shares, while 19 institutional investors sold positions of 2,418,299 shares during the same period.