Coeur Mining Inc (NYSE:CDE) COO Frank L. Jr. Hanagarne sold 5,684 shares of Coeur Mining stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $8.50, for a total transaction of $48,314.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Coeur Mining Inc (CDE) traded up $0.05 during midday trading on Tuesday, hitting $8.60. 2,657,709 shares of the company’s stock were exchanged, compared to its average volume of 3,176,800. The company has a market capitalization of $1,600.00, a PE ratio of -86.00 and a beta of 0.38. Coeur Mining Inc has a 12-month low of $6.71 and a 12-month high of $12.30. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 0.36.

Coeur Mining (NYSE:CDE) last posted its earnings results on Wednesday, October 25th. The basic materials company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.17). The company had revenue of $176.00 million for the quarter, compared to the consensus estimate of $185.09 million. Coeur Mining had a negative return on equity of 1.37% and a negative net margin of 2.41%. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 EPS. analysts expect that Coeur Mining Inc will post -0.05 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Stevens Capital Management LP bought a new stake in shares of Coeur Mining during the second quarter worth $123,000. Russell Investments Group Ltd. bought a new stake in shares of Coeur Mining during the second quarter worth $141,000. Parametrica Management Ltd bought a new stake in shares of Coeur Mining in the third quarter worth $160,000. QCM Cayman Ltd. bought a new stake in shares of Coeur Mining in the second quarter worth $160,000. Finally, Prudential Financial Inc. grew its stake in shares of Coeur Mining by 7.6% in the second quarter. Prudential Financial Inc. now owns 19,451 shares of the basic materials company’s stock worth $167,000 after purchasing an additional 1,370 shares during the last quarter. 69.73% of the stock is currently owned by hedge funds and other institutional investors.

CDE has been the topic of a number of recent analyst reports. BMO Capital Markets initiated coverage on shares of Coeur Mining in a research note on Friday, November 17th. They issued an “outperform” rating and a $10.50 price objective on the stock. Royal Bank of Canada set a $11.00 price objective on shares of Coeur Mining and gave the company a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research cut shares of Coeur Mining from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 25th. Raymond James Financial raised shares of Coeur Mining from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $10.25 to $10.50 in a research note on Tuesday, November 21st. Finally, Noble Financial reissued a “hold” rating on shares of Coeur Mining in a research note on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $10.29.

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About Coeur Mining

Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.

Insider Buying and Selling by Quarter for Coeur Mining (NYSE:CDE)

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