Coeur Mining (NYSE:CDE) was upgraded by stock analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.

Several other equities analysts have also weighed in on the company. Roth Capital lowered Coeur Mining from a “neutral” rating to a “sell” rating and set a $5.25 price objective for the company. in a report on Monday, January 6th. TheStreet raised Coeur Mining from a “d+” rating to a “c-” rating in a report on Tuesday, December 31st. Noble Financial reissued a “buy” rating and set a $7.50 price objective on shares of Coeur Mining in a report on Sunday, December 15th. Zacks Investment Research raised Coeur Mining from a “sell” rating to a “buy” rating and set a $7.25 price objective for the company in a report on Tuesday, January 14th. Finally, B. Riley reissued a “neutral” rating and set a $6.30 price objective (down from $7.10) on shares of Coeur Mining in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. Coeur Mining has an average rating of “Hold” and a consensus target price of $6.13.

Shares of CDE stock traded up $0.14 during trading on Tuesday, hitting $6.10. The company’s stock had a trading volume of 1,672,914 shares, compared to its average volume of 6,328,009. The company has a market cap of $1.39 billion, a PE ratio of -18.48 and a beta of 0.94. The company has a current ratio of 1.15, a quick ratio of 0.54 and a debt-to-equity ratio of 0.30. The business has a fifty day moving average of $7.07 and a 200-day moving average of $5.72. Coeur Mining has a 52 week low of $2.78 and a 52 week high of $8.29.

Coeur Mining (NYSE:CDE) last released its earnings results on Monday, November 4th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.01. The company had revenue of $199.47 million during the quarter, compared to analyst estimates of $199.41 million. Coeur Mining had a negative return on equity of 4.07% and a negative net margin of 10.57%. Coeur Mining’s quarterly revenue was up 34.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.11) earnings per share. As a group, research analysts predict that Coeur Mining will post -0.21 EPS for the current year.

In other news, SVP Casey M. Nault sold 20,000 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $7.00, for a total value of $140,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.88% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of CDE. Point72 Hong Kong Ltd bought a new position in shares of Coeur Mining in the second quarter worth $28,000. CWM LLC bought a new position in shares of Coeur Mining in the third quarter worth $68,000. HighTower Advisors LLC bought a new position in shares of Coeur Mining in the second quarter worth $88,000. Stifel Financial Corp bought a new position in shares of Coeur Mining in the third quarter worth $90,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Coeur Mining in the third quarter worth $95,000. 64.05% of the stock is owned by hedge funds and other institutional investors.

Coeur Mining Company Profile

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

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Analyst Recommendations for Coeur Mining (NYSE:CDE)

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