Strs Ohio Has $1.63 Million Stock Position in Coeur Mining, Inc. $CDE

Strs Ohio raised its stake in Coeur Mining, Inc. (NYSE:CDEFree Report) by 30.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,700 shares of the basic materials company’s stock after acquiring an additional 20,400 shares during the quarter. Strs Ohio’s holdings in Coeur Mining were worth $1,626,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Tidal Investments LLC lifted its holdings in Coeur Mining by 55.3% during the 2nd quarter. Tidal Investments LLC now owns 20,734,671 shares of the basic materials company’s stock worth $183,709,000 after purchasing an additional 7,382,955 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Coeur Mining by 212.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 10,321,169 shares of the basic materials company’s stock worth $91,446,000 after buying an additional 7,013,222 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Coeur Mining by 136.1% during the second quarter. American Century Companies Inc. now owns 2,759,607 shares of the basic materials company’s stock worth $24,450,000 after buying an additional 1,591,008 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Coeur Mining by 122.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,431,244 shares of the basic materials company’s stock valued at $14,393,000 after acquiring an additional 1,339,138 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Coeur Mining by 84.0% in the second quarter. JPMorgan Chase & Co. now owns 2,881,784 shares of the basic materials company’s stock valued at $25,533,000 after acquiring an additional 1,315,348 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.

Coeur Mining Stock Performance

Shares of NYSE:CDE opened at $25.66 on Wednesday. The company’s 50 day simple moving average is $18.64 and its 200 day simple moving average is $16.07. The stock has a market capitalization of $16.48 billion, a price-to-earnings ratio of 38.88 and a beta of 1.24. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.00 and a quick ratio of 1.10. Coeur Mining, Inc. has a 1 year low of $4.58 and a 1 year high of $27.77.

Coeur Mining (NYSE:CDEGet Free Report) last released its earnings results on Wednesday, October 29th. The basic materials company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.02). The business had revenue of $554.57 million for the quarter, compared to the consensus estimate of $511.20 million. Coeur Mining had a return on equity of 15.52% and a net margin of 24.03%.The firm’s revenue for the quarter was up 76.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.12 earnings per share. As a group, research analysts predict that Coeur Mining, Inc. will post 0.58 EPS for the current fiscal year.

Key Headlines Impacting Coeur Mining

Here are the key news stories impacting Coeur Mining this week:

  • Positive Sentiment: Shareholders of New Gold and Coeur overwhelmingly approved the plan of arrangement to combine the two companies, clearing a key regulatory/transactional milestone that materially increases Coeur’s scale, asset base and growth profile. This is the primary driver of today’s bullish sentiment. Shareholders Overwhelmingly Support Plan of Arrangement with Coeur Mining
  • Positive Sentiment: Market write-ups and screens are highlighting CDE among top-performing materials and critical-miner names, which can draw momentum flows and investor attention into the stock. Top performing materials stocks in the past month
  • Positive Sentiment: Analyst/sector coverage is noting Coeur alongside rare-earth and critical-miner names benefiting from Washington support and CHIPS-related activity, which lifts demand for miners tied to critical metals. This broader sector tailwind supports continued investor interest. 3 Rare Earth Stocks to Watch as USAR Rallies on Washington Support
  • Positive Sentiment: Unusually large call-option volume (roughly +125% vs. average daily call volume) indicates speculative or hedged bullish positioning by options traders, which can amplify intraday upside and volatility.
  • Neutral Sentiment: Recent commentary on valuation notes that CDE’s strong share-price momentum has pushed multiples higher; investors should weigh the strategic benefits of the New Gold combination against an elevated P/E and current market pricing. A Look At Coeur Mining (CDE) Valuation After Strong Recent Share Price Momentum

Wall Street Analyst Weigh In

A number of analysts have issued reports on CDE shares. TD Cowen raised shares of Coeur Mining to a “strong-buy” rating in a report on Monday, December 1st. TD Securities lifted their price target on shares of Coeur Mining from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Cantor Fitzgerald downgraded Coeur Mining from an “overweight” rating to a “hold” rating and set a $16.00 price target on the stock. in a research report on Thursday, October 30th. Roth Mkm lifted their price objective on Coeur Mining from $20.00 to $23.00 and gave the company a “buy” rating in a report on Monday, December 15th. Finally, Cormark downgraded Coeur Mining from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Three investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Coeur Mining currently has an average rating of “Buy” and an average price target of $18.17.

Get Our Latest Stock Analysis on Coeur Mining

About Coeur Mining

(Free Report)

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.

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Institutional Ownership by Quarter for Coeur Mining (NYSE:CDE)

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