The price of Coeur Mining Inc (NYSE: CDE) closed at $3.13 in the last session, down -3.99% from day before closing price of $3.26. In other words, the price has decreased by -$0.1300 from its previous closing price. On the day, 8003125 shares were traded.
Ratios:
We take a closer look at CDE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 27 ’23 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 ’23. The SVP, Exploration now owns 129,217 shares after completing the transaction at $2.35 per share. On Aug 14 ’23, 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 1.21B and an Enterprise Value of 1.70B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 2.07 whereas that against EBITDA is 29.48.
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 2.7916, while the 200-Day Moving Average is calculated to be 2.7416.
Shares Statistics:
According to the various share statistics, CDE traded on average about 6.35M shares per day over the past 3-months and 7.63M shares per day over the past 10 days. A total of 386.28M shares are outstanding, with a floating share count of 379.77M. Insiders hold about 1.68% of the company’s shares, while institutions hold 70.71% stake in the company. Shares short for CDE as of Feb 29, 2024 were 20.72M with a Short Ratio of 3.26, compared to 18.47M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.36% and a Short% of Float of 5.44%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.87.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.04, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.01, with high estimates of $0 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.1 and -$0.22 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is $0.23, with 6 analysts recommending between $0.32 and $0.1.
Revenue Estimates
According to 1 analysts, the current quarter’s revenue is expected to be $260M. 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 $974.13M, while the lowest revenue estimate was $894.6M, resulting in an average revenue estimate of $936.35M. In the same quarter a year ago, actual revenue was $821.21M, up 14.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.07B 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 14.60% from the average revenue estimate for this year.
