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Coeur Mining (NYSE:CDE) CEO Mitchell J. Krebs bought 10,000 shares of Coeur Mining stock on the open market in a transaction dated Friday, August 8th. The stock was purchased at an average price of $7.74 per share, for a total transaction of $77,400.00. Following the completion of the purchase, the chief executive officer now directly owns 160,657 shares of the company’s stock, valued at approximately $1,243,485. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of research firms have recently commented on CDE. Analysts at Cowen and Company raised their price target on shares of Coeur Mining from $9.64 to $10.04 in a research note on Friday. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Coeur Mining in a research note on Friday. They now have a $8.50 price target on the stock, down previously from $10.00. Finally, analysts at Scotia Bank reiterated a “sector unperformer” rating on shares of Coeur Mining in a research note on Friday. They now have a $6.00 price target on the stock, down previously from $6.25. Eight investment analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of $8.63.

Coeur Mining (NYSE:CDE) traded up 4.05% on Friday, hitting $7.97. The stock had a trading volume of 2,196,668 shares. Coeur Mining has a 52 week low of $6.62 and a 52 week high of $16.95. The stock has a 50-day moving average of $8.49 and a 200-day moving average of $9.12. The company’s market cap is $824.8 million.

Coeur Mining (NYSE:CDE) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.31) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.31). The company had revenue of $164.60 million for the quarter, compared to the consensus estimate of $163.19 million. During the same quarter in the prior year, the company posted ($0.35) earnings per share. The company’s quarterly revenue was down 19.5% on a year-over-year basis. Analysts expect that Coeur Mining will post $-0.99 EPS for the current fiscal year.

Coeur Mining, Inc, formerly Coeur d’Alene Mines Corporation, is a silver producer with gold production and has assets located in the United States, Mexico, Bolivia, Argentina and Australia.

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