Coeur Mining Inc [CDE] Stock trading around $6.30 per share: What’s Next?

Coeur Mining Inc [NYSE: CDE] gained 3.62% on the last trading session, reaching $6.30 price per share at the time.

If compared to the average trading volume of 7.00M shares, CDE reached a trading volume of 5897911 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying 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 $7.14 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 1.56. 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.

Cantor Fitzgerald have made an estimate for Coeur Mining Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 08, 2024. The new note on the price target was released on May 03, 2024, representing the official price target for Coeur Mining Inc stock. Previously, the target price had yet another raise to $5.40, while ROTH MKM analysts kept a Buy rating on CDE stock.

The Average True Range (ATR) for Coeur Mining Inc is set at 0.36, with the Price to Sales ratio for CDE stock in the period of the last 12 months amounting to 2.91. The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 0.19.

Trading performance analysis for CDE stock

Coeur Mining Inc [CDE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.51. With this latest performance, CDE shares gained by 0.16% in over the last four-week period, additionally plugging by 139.54% over the last 6 months – not to mention a rise of 152.00% 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 57.65, with the RSI for the last a single of trading hit 62.67, and the three-weeks RSI is set at 55.75 for Coeur Mining Inc [CDE]. The present Moving Average for the last 50 days of trading for this stock 5.91, while it was recorded at 5.92 for the last single week of trading, and 4.16 for the last 200 days.

Coeur Mining Inc [CDE]: A deeper dive into fundamental analysis

Coeur Mining Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.45 and a Current Ratio set at 1.20.

Coeur Mining Inc [CDE]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Coeur Mining Inc posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.04. 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.

An analysis of Institutional ownership at Coeur Mining Inc [CDE]

The top three institutional holders of CDE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CDE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CDE stock with ownership which is approximately 5.1238%.