In Friday’s Wall Street session, Coeur Mining Inc (NYSE:CDE) shares traded at $5.29, down -3.64% from the previous session.
CDE stock price is now 30.30% away from the 50-day moving average and 76.33% away from the 200-day moving average. The market capitalization of the company currently stands at $2.11B.
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On April 09, 2024, ROTH MKM recently initiated its ‘Buy’ rating on the stock quoting a target price of $5.40, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’
In other news, Edwards Sebastian, Director sold 20,000 shares of the company’s stock on May 07 ’24. The stock was sold for $101,600 at an average price of $5.08. Upon completion of the transaction, the Director now directly owns 103,100 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 03 ’24, VP, Corporate Controller & CAO Watkinson Kenneth J sold 44,000 shares of the business’s stock. A total of $213,620 was realized by selling the stock at an average price of $4.86. This leaves the insider owning 140,719 shares of the company worth $0.74 million. A total of 1.61% of the company’s stock is owned by insiders.
During the past 12 months, Coeur Mining Inc has had a low of $2.00 and a high of $5.51. As of last week, the company has a debt-to-equity ratio of 0.58, a current ratio of 0.99, and a quick ratio of 0.43.
According to the Gold Company, earnings per share came in at -0.06, inline with analysts’ expectations of -0.06. This compares to -$0.08 EPS in the same period last year. The net profit margin was -12.95% and return on equity was -11.01% for CDE. The company reported revenue of $213.06 million for the quarter, compared to $187.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.75 percent. For the current quarter, analysts expect CDE to generate $241.5M in revenue.
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