Coeur Mining Inc. (NYSE:CDE) trading with an addition of $0.06 to $6.49 on Thursday, an upside of 0.86 percent. An average of 3,774,349 shares of common stock have been traded in the last five days. There was a gain of $0.22 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 4,051,297 shares traded, while the 50-day average volume stands at 3,619,339.
CDE stock has decreased by -9.05% in the last month. The company shares reached their 1-month lowest point of $5.86 on 10/05/21. With the stock rallying to its 52-week high on 02/01/21, shares of the company touched a low of $5.86 and a high of $12.60 in 52 weeks. It has reached a new high 3 times so far this year and lost -37.87% or -$3.90 in price. In spite of this, the price is down -48.53% from the 52-week high.
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76 days have passed since Coeur Mining Inc. (CDE) last reported insider trading activity. Rasmussen Hans John, who is SVP, Exploration, most recently acquired $17,500 shares at $7.64 per share on Jul 30. In this transaction, the insider spent $133,700. VP, Corporate Controller & CAO, Watkinson Kenneth J, disposed of 10,000 shares at a price of $9.99 on Feb 24. The insider now owns more than $99,900 worth of shares. Prior to that, SVP, Exploration Rasmussen Hans John went on to Sale 10,000 shares at $10.06 each on Feb 24. An amount of $100,600 was transacted.
Coeur Mining Inc. (CDE) has a trailing price-to-earnings (P/E) ratio of 21.80, which compares with the 20.90 for the broader industry and 13.88 for the sector. In the last five years, Coeur Mining Inc.’s PE ratio has ranged between 111.40 and 14.69. The stock’s beta is 1.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.90, the price-to-book (PB) ratio at 1.84, and the price-to-cash flow ratio at 664.27.
The quick ratio of Coeur Mining Inc. for the three months ended June 29 was 1.10, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.44 and a total debt to equity ratio of 0.48 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 45.80% against a 5-year average of 14.4%. Coeur Mining Inc.’s EBITDA margin for the year ending June 29 is 32.85%, while its operating margin for the same period stands at 14.00%. Its gross profit as reported stood at $345.13 million compared to revenue of $785.46 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Coeur Mining Inc.’s return on assets was 4.90%, compared to -3.8% over the last five years. In the past year, the return on investment has been 4.70%, and the 5-year average is -3.6%. Meanwhile, the return on equity (ROE) for the past 12 months has been 9.90% and the 5-year average holds at -7.6%. For the broader industry, ROE averaged -13.62 over the past year.
For the three-month period that ended June 29, Coeur Mining Inc. had $385.37 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $32.15 million in the quarter, while revenues of $2.06 million were grew 103.76%. The analyst consensus anticipated Coeur Mining Inc.’s latest quarter earnings to come in at $0.1 per share, but it turned out to be $0, a -100.00% surprise. For the quarter, EBITDA amounted to $49.58 million. Shareholders own equity worth $257.03 million.
From a technical analysis perspective, let’s take a brief look at Coeur Mining Inc. (CDE) price momentum. RSI 9-day as of the close on 13 October was 59.83%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.48%.
As of today, CDE’s price is $6.29 +3.53% or $0.22 from its 5-day moving average. CDE is currently trading +2.54% higher than its 20-day SMA and -37.07% lower than its 100-day SMA. However, the stock’s current price level is -6.93% below the SMA50 and -34.32% below the SMA200.
The stochastic %K and %D were 66.92% and 57.16%, respectively, and the average true range (ATR) was 0.28. With the 14-day stochastic at 78.67% and the average true range at 0.29, the RSI (14) stands at 51.84%. The stock has reached 0.13 on the 9-day MACD Oscillator while the 14-day reading was at 0.13.
The consensus rating for Coeur Mining Inc. (CDE) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CDE, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 4 others rate it as a “buy”.
What is CDE’s price target for the next 12 months?
Analysts predict a range of price targets between $8.00 and $14.00, with a median target of $10.00. Taking a look at these predictions, the average price target given by analysts for Coeur Mining Inc. (CDE) stock is $9.97.