Coeur Mining Given Average Recommendation of “Hold” by Analysts (NYSE:CDE)
Coeur Mining (NYSE:CDE) has received an average recommendation of “Hold” from the eleven analysts that are currently covering the company, Analyst Ratings.Net reports. Eight research analysts have rated the stock with a hold rating, The average 12-month target price among analysts that have covered the stock in the last year is $8.63.
Coeur Mining (NYSE:CDE) opened at 7.71 on Friday. Coeur Mining has a 52 week low of $6.62 and a 52 week high of $16.87. The stock has a 50-day moving average of $8.23 and a 200-day moving average of $8.90. The company’s market cap is $797.7 million.
Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, meeting the 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 previous year, the company posted ($0.35) earnings per share. The company’s revenue for the quarter was down 19.5% on a year-over-year basis. On average, analysts predict that Coeur Mining will post $-1.02 earnings per share for the current fiscal year.
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, 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.
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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