Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Coeur Mining Inc (NYSE: CDE) closed the day trading at $6.19 down -3.13% from the previous closing price of $6.39. In other words, the price has decreased by -$3.13 from its previous closing price. On the day, 7.49 million shares were traded. CDE stock price reached its highest trading level at $6.52 during the session, while it also had its lowest trading level at $6.18.
Ratios:
For a better understanding of CDE, let’s look at its different ratios. 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.
On April 09, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $5.40.ROTH MKM initiated its Buy rating on April 09, 2024, with a $5.40 target price.
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 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:
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 2471759872 and an Enterprise Value of 3003890176. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 2.972 whereas that against EBITDA is 13.242.
Stock Price History:
The Beta on a monthly basis for CDE is 1.58, which has changed by 1.3807693 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. 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 -2.00%, while the 200-Day Moving Average is calculated to be 3.46%.
Shares Statistics:
Over the past 3-months, CDE traded about 10.10M shares per day on average, while over the past 10 days, CDE traded about 10382360 shares per day. A total of 399.29M shares are outstanding, with a floating share count of 393.08M. Insiders hold about 1.56% of the company’s shares, while institutions hold 75.84% stake in the company. Shares short for CDE as of 1735603200 were 36231526 with a Short Ratio of 3.59, compared to 1732838400 on 33837489. Therefore, it implies a Short% of Shares Outstanding of 36231526 and a Short% of Float of 9.21.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.87.
