Share on StockTwits

Coeur Mining (NYSE:CDE) Chairman Robert E. Mellor acquired 1,000 shares of Coeur Mining stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $7.83 per share, with a total value of $7,830.00. Following the completion of the transaction, the chairman now directly owns 25,391 shares of the company’s stock, valued at approximately $198,812. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

CDE has been the subject of a number of recent research reports. 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, August 8th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Coeur Mining in a research note on Friday, August 8th. 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, August 8th. 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 stock has a consensus rating of “Hold” and a consensus price target of $8.63.

Shares of Coeur Mining (NYSE:CDE) traded up 0.51% during mid-day trading on Friday, hitting $7.88. 1,409,477 shares of the company’s stock traded hands. Coeur Mining has a 52-week low of $6.62 and a 52-week high of $16.95. The stock’s 50-day moving average is $8.29 and its 200-day moving average is $8.9. The company’s market cap is $815.3 million.

Coeur Mining (NYSE:CDE) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.31) earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted ($0.35) earnings per share. Coeur Mining’s revenue was down 19.5% compared to the same quarter last year. Analysts expect that Coeur Mining will post $-1.02 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.

Receive News & Ratings for Coeur Mining Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coeur Mining Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.