As the world becomes increasingly uncertain, Coeur Mining Inc. (CDE) offers stability

Coeur Mining Inc. (NYSE: CDE) closed the day trading at $4.17 up 3.47% from the previous closing price of $4.03. In other words, the price has increased by $+0.1400 from its previous closing price. On the day, 5313190 shares were traded. CDE stock price reached its highest trading level at $4.1800 during the session, while it also had its lowest trading level at $3.8620.

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Ratios:

For a better understanding of CDE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.74.

Upgrades & Downgrades

Canaccord Genuity Downgraded its Buy to Hold on August 05, 2022, while the target price for the stock was maintained at $3.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 when MELLOR ROBERT E bought 1,000 shares for $4.51 per share. The transaction valued at 4,507 led to the insider holds 206,019 shares of the business.

Routledge Michael bought 11,760 shares of CDE for $50,086 on Feb 25. The SVP & Chief Operating Officer now owns 189,128 shares after completing the transaction at $4.26 per share. On Feb 25, another insider, Whelan Thomas S, who serves as the SVP & CFO of the company, bought 10,000 shares for $4.25 each. As a result, the insider paid 42,490 and bolstered with 406,683 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 1.41.

Stock Price History:

Over the past 52 weeks, CDE has reached a high of $5.54, while it has fallen to a 52-week low of $2.54. The 50-Day Moving Average of the stock is 3.5140, while the 200-Day Moving Average is calculated to be 3.4817.

Shares Statistics:

Over the past 3-months, CDE traded about 5.44M shares per day on average, while over the past 10 days, CDE traded about 5.15M shares per day. A total of 278.11M shares are outstanding, with a floating share count of 276.60M. Insiders hold about 1.54% of the company’s shares, while institutions hold 76.00% stake in the company. Shares short for CDE as of Oct 13, 2022 were 17.13M with a Short Ratio of 12.66M, compared to 18.6M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 6.10% and a Short% of Float of 6.20%.

Earnings Estimates

Current recommendations for the stock of the company come from 5 analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.09, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.03, with high estimates of $0 and low estimates of -$0.09.

Analysts are recommending an EPS of between -$0.12 and -$0.36 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is $0.01, with 8 analysts recommending between $0.18 and -$0.26.

Revenue Estimates

A total of 5 analysts have provided revenue estimates for CDE’s current fiscal year. The highest revenue estimate was $826.7M, while the lowest revenue estimate was $792.9M, resulting in an average revenue estimate of $805.99M. In the same quarter a year ago, actual revenue was $832.83M, down -3.20% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $845.93M in the next fiscal year. The high estimate is $945.11M and the low estimate is $805M. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.