There has been a significant shift in the fundamentals for Coeur Mining Inc (NYSE:CDE)

The stock of Coeur Mining Inc (NYSE:CDE) last traded at $6.08, up 3.05% from the previous session.

CDE stock price is now 3.13% away from the 50-day moving average and 47.42% away from the 200-day moving average. The market capitalization of the company currently stands at $2.43B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

, while ‘ROTH MKM’ rates the stock as ‘Buy’

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 $0.63 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 $0.86 million. A total of 1.55% 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 $6.82. As of last week, the company has a debt-to-equity ratio of 0.62, a current ratio of 1.20, and a quick ratio of 0.45. The fifty day moving average price for CDE is $5.9068 and a two-hundred day moving average price translates $4.14165 for the stock.

The latest earnings results from Coeur Mining Inc (NYSE: CDE) was released for 2024-06-30. The net profit margin was -8.60% and return on equity was -7.35% for CDE. The company reported revenue of $222.03 million for the quarter, compared to $177.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.27 percent.

Related Posts