Coeur Mining Inc. (CDE) Beta and Market Comparison: S&P500 vs CDE

After finishing at $3.26 in the prior trading day, Coeur Mining Inc. (NYSE: CDE) closed at $3.31, up 1.53%. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 3827204 shares were traded. CDE stock price reached its highest trading level at $3.3400 during the session, while it also had its lowest trading level at $3.1900.

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Ratios:

Our goal is to gain a better understanding of CDE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.49.

Upgrades & Downgrades

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 07 when THOMPSON J KENNETH bought 10,000 shares for $2.93 per share. The transaction valued at 29,287 led to the insider holds 234,122 shares of the business.

Gress Randy bought 20,000 shares of CDE for $58,580 on Feb 24. The Director now owns 205,213 shares after completing the transaction at $2.93 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDE now has a Market Capitalization of 1.07B and an Enterprise Value of 1.49B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 1.90 whereas that against EBITDA is 32.66.

Stock Price History:

Over the past 52 weeks, CDE has reached a high of $4.55, while it has fallen to a 52-week low of $2.54. The 50-Day Moving Average of the stock is 3.5864, while the 200-Day Moving Average is calculated to be 3.4430.

Shares Statistics:

The stock has traded on average 5.94M shares per day over the past 3-months and 5.22M shares per day over the last 10 days, according to various share statistics. A total of 300.95M shares are outstanding, with a floating share count of 276.60M. Insiders hold about 1.73% of the company’s shares, while institutions hold 76.00% stake in the company. Shares short for CDE as of Apr 27, 2023 were 12.2M with a Short Ratio of 12.20M, compared to 13.78M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.44% and a Short% of Float of 3.50%.

Earnings Estimates

Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.07, while EPS last year was -$0.05. The consensus estimate for the next quarter is -$0.01, with high estimates of $0 and low estimates of -$0.04.

Analysts are recommending an EPS of between -$0.1 and -$0.23 for the fiscal current year, implying an average EPS of -$0.14. EPS for the following year is $0.09, with 6 analysts recommending between $0.3 and $0.03.

Revenue Estimates

1 analysts predict $225M in revenue for the current quarter. It ranges from a high estimate of $225M to a low estimate of $225M. As of the current estimate, Coeur Mining Inc.’s year-ago sales were $204.12M, an estimated increase of 10.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $246.6M, an increase of 34.80% over than the figure of $10.20% in the same quarter last year. There is a high estimate of $246.6M for the next quarter, whereas the lowest estimate is $246.6M.

A total of 3 analysts have provided revenue estimates for CDE’s current fiscal year. The highest revenue estimate was $928.4M, while the lowest revenue estimate was $859M, resulting in an average revenue estimate of $896.31M. In the same quarter a year ago, actual revenue was $785.64M, up 14.10% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.01B in the next fiscal year. The high estimate is $1.1B and the low estimate is $879M. The average revenue growth estimate for next year is up 12.90% from the average revenue estimate for this year.