Equities research analysts predict that Coeur Mining Inc (NYSE:CDE) will post earnings of ($0.07) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Coeur Mining’s earnings, with estimates ranging from ($0.11) to $0.00. Coeur Mining posted earnings of ($0.10) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 30%. The firm is scheduled to announce its next earnings report on Wednesday, October 24th.

According to Zacks, analysts expect that Coeur Mining will report full year earnings of ($0.03) per share for the current year, with EPS estimates ranging from ($0.16) to $0.06. For the next financial year, analysts forecast that the company will report earnings of $0.35 per share, with EPS estimates ranging from $0.26 to $0.50. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Coeur Mining.

Coeur Mining (NYSE:CDE) last announced its quarterly earnings results on Wednesday, July 25th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.02. Coeur Mining had a negative return on equity of 0.32% and a negative net margin of 0.67%. The company had revenue of $170.00 million for the quarter, compared to the consensus estimate of $174.67 million. During the same quarter in the previous year, the business earned ($0.01) EPS. Coeur Mining’s revenue was up 6.3% compared to the same quarter last year.

A number of research analysts have weighed in on the company. ValuEngine upgraded Coeur Mining from a “sell” rating to a “hold” rating in a report on Friday, July 6th. Noble Financial reiterated a “buy” rating and set a $8.00 target price on shares of Coeur Mining in a report on Friday, August 31st. BMO Capital Markets upped their target price on Coeur Mining from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, July 10th. Roth Capital upgraded Coeur Mining from a “neutral” rating to a “buy” rating and set a $9.00 target price on the stock in a report on Tuesday, July 10th. Finally, Raymond James reduced their target price on Coeur Mining from $10.00 to $9.50 and set an “outperform” rating on the stock in a report on Friday, August 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $9.71.

NYSE:CDE traded up $0.14 during mid-day trading on Thursday, reaching $5.73. 108,237 shares of the company’s stock traded hands, compared to its average volume of 2,473,566. Coeur Mining has a 12-month low of $5.18 and a 12-month high of $9.87. The company has a market cap of $1.05 billion, a PE ratio of 287.50 and a beta of 0.56. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.23 and a quick ratio of 1.25.

In related news, insider Mitchell J. Krebs purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 3rd. The shares were bought at an average price of $6.61 per share, for a total transaction of $66,100.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Peter C. Mitchell sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, July 30th. The stock was sold at an average price of $7.03, for a total value of $140,600.00. The disclosure for this sale can be found here. Corporate insiders own 1.32% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp purchased a new stake in shares of Coeur Mining in the 1st quarter worth approximately $102,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Coeur Mining in the 1st quarter worth approximately $117,000. Hilltop Holdings Inc. bought a new position in Coeur Mining in the 1st quarter valued at approximately $122,000. Clinton Group Inc. bought a new position in Coeur Mining in the 1st quarter valued at approximately $228,000. Finally, Stevens Capital Management LP lifted its position in Coeur Mining by 60.9% in the 2nd quarter. Stevens Capital Management LP now owns 30,207 shares of the basic materials company’s stock valued at $230,000 after acquiring an additional 11,430 shares in the last quarter. Institutional investors own 66.86% of the company’s stock.

Coeur Mining Company Profile

Coeur Mining, Inc owns, operates, explores for, and develops silver and gold properties. It holds interests in the Palmarejo silver-gold complex located in Mexico; the Silvertip silver-zinc-lead mine located in British Columbia; the Rochester silver-gold mine located in Nevada; the Kensington gold mine located in Alaska; and the Wharf gold mine located in South Dakota.

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Earnings History and Estimates for Coeur Mining (NYSE:CDE)

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