Stocks like Coeur Mining Inc [CDE] still have plenty of sunny days ahead

In yesterday’s Wall Street session, Coeur Mining Inc (NYSE:CDE) shares traded at $5.88, up 1.91% from the previous session.

CDE stock price is now -10.22% away from the 50-day moving average and 1.93% away from the 200-day moving average. The market capitalization of the company currently stands at $2.39B.

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, 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 $0.61 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 $0.83 million. A total of 1.56% of the company’s stock is owned by insiders.

During the past 12 months, Coeur Mining Inc has had a low of $2.42 and a high of $7.72. As of last week, the company has a debt-to-equity ratio of 0.56, a current ratio of 1.09, and a quick ratio of 0.39. The fifty day moving average price for CDE is $6.5496 and a two-hundred day moving average price translates $5.7685 for the stock.

The latest earnings results from Coeur Mining Inc (NYSE: CDE) was released for 2024-09-30. The net profit margin was -0.45% and return on equity was -0.42% for CDE. The company reported revenue of $313.48 million for the quarter, compared to $194.58 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 61.1 percent.

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