After finishing at $2.72 in the prior trading day, Coeur Mining Inc (NYSE: CDE) closed at $2.55, down -6.25%. On the day, 6851707 shares were traded.
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 0.38 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.52.
On September 22, 2023, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform but kept the price unchanged to $4.
Canaccord Genuity Upgraded its Hold to Buy on July 24, 2023, while the target price for the stock was maintained at $3.75.
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 Nov 27 when Watkinson Kenneth J sold 7,000 shares for $2.81 per share. The transaction valued at 19,684 led to the insider holds 134,051 shares of the business.
McGrath Aoife bought 6,200 shares of CDE for $14,558 on Sep 11. The SVP, Exploration now owns 129,217 shares after completing the transaction at $2.35 per share. On Aug 14, another insider, Das Paramita, who serves as the Director of the company, bought 500 shares for $2.47 each. As a result, the insider paid 1,234 and bolstered with 22,711 shares of the company.
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 984.97M and an Enterprise Value of 1.48B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 1.80 whereas that against EBITDA is 25.60.
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 $2.00. The 50-Day Moving Average of the stock is 2.9088, while the 200-Day Moving Average is calculated to be 2.7636.
Shares Statistics:
The stock has traded on average 6.44M shares per day over the past 3-months and 5.71M shares per day over the last 10 days, according to various share statistics. A total of 386.28M shares are outstanding, with a floating share count of 380.76M. Insiders hold about 1.43% of the company’s shares, while institutions hold 70.49% stake in the company. Shares short for CDE as of Jan 31, 2024 were 18.47M with a Short Ratio of 2.87, compared to 26.47M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.83% and a Short% of Float of 4.89%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.87.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.03, while EPS last year was -$0.11. The consensus estimate for the next quarter is $0, with high estimates of $0.02 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.23 and -$0.22 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.25, with 5 analysts recommending between $0.36 and $0.15.
Revenue Estimates
1 analysts predict $260M in revenue for the current quarter. It ranges from a high estimate of $260M to a low estimate of $260M. As of the current estimate, Coeur Mining Inc’s year-ago sales were $187.3M, an estimated increase of 38.80% from the year-ago figure.
A total of 5 analysts have provided revenue estimates for CDE’s current fiscal year. The highest revenue estimate was $1.05B, while the lowest revenue estimate was $894.6M, resulting in an average revenue estimate of $964.95M. In the same quarter a year ago, actual revenue was $821.21M, up 17.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.08B in the next fiscal year. The high estimate is $1.13B and the low estimate is $1.03B. The average revenue growth estimate for next year is up 12.40% from the average revenue estimate for this year.
