Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Coeur Mining Inc (NYSE: CDE) was $6.43 for the day, down -2.72% from the previous closing price of $6.61. In other words, the price has decreased by -$2.72 from its previous closing price. On the day, 23.99 million shares were traded.
Ratios:
Our analysis of CDE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.53.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 07 ’24 when Edwards Sebastian sold 20,000 shares for $5.08 per share. The transaction valued at 101,600 led to the insider holds 103,100 shares of the business.
Watkinson Kenneth J sold 44,000 shares of CDE for $213,620 on May 03 ’24. The VP, Corporate Controller & CAO now owns 140,719 shares after completing the transaction at $4.86 per share. On Mar 15 ’24, another insider, McGrath Aoife, who serves as the SVP, Exploration of the company, bought 6,200 shares for $3.23 each. As a result, the insider paid 20,020 and bolstered with 207,308 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.18 while its Price-to-Book (P/B) ratio in mrq is 2.37.
Stock Price History:
Over the past 52 weeks, CDE has reached a high of $7.72, while it has fallen to a 52-week low of $2.42. The 50-Day Moving Average of the stock is -0.09%, while the 200-Day Moving Average is calculated to be 3.73%.
Shares Statistics:
A total of 638.65M shares are outstanding, with a floating share count of 628.60M. Insiders hold about 1.57% of the company’s shares, while institutions hold 51.64% stake in the company.
