Trading Day Review: Coeur Mining Inc (CDE) Loses Momentum, Closing at 6.83

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The price of Coeur Mining Inc (NYSE: CDE) closed at $6.83 in the last session, down -2.01% from day before closing price of $6.97. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 5.9 million shares were traded. CDE stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $6.81.

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 0.45 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.59.

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:

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 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 2726856960 and an Enterprise Value of 3288790528. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.16 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 3.688 whereas that against EBITDA is 26.272.

Stock Price History:

Over the past 52 weeks, CDE has reached a high of $7.39, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is 11.35%, while the 200-Day Moving Average is calculated to be 49.11%.

Shares Statistics:

According to the various share statistics, CDE traded on average about 7.35M shares per day over the past 3-months and 10780110 shares per day over the past 10 days. A total of 399.25M shares are outstanding, with a floating share count of 393.05M. Insiders hold about 1.55% of the company’s shares, while institutions hold 76.67% stake in the company. Shares short for CDE as of 1724976000 were 19835726 with a Short Ratio of 2.70, compared to 1722384000 on 17606049. Therefore, it implies a Short% of Shares Outstanding of 19835726 and a Short% of Float of 5.050000000000001.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.87.

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