Coeur Mining (CDE) Set to Announce Quarterly Earnings on Wednesday

Coeur Mining (NYSE:CDE) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Coeur Mining (NYSE:CDE) last posted its earnings results on Wednesday, February 21st. The basic materials company reported ($0.02) EPS for the quarter. Coeur Mining had a negative return on equity of 7.79% and a negative net margin of 12.62%. The firm had revenue of $262.10 million for the quarter.

Coeur Mining Price Performance

Coeur Mining stock opened at $4.62 on Wednesday. Coeur Mining has a 52 week low of $2.00 and a 52 week high of $5.47. The company’s 50 day moving average price is $3.53 and its two-hundred day moving average price is $3.05. The company has a quick ratio of 0.38, a current ratio of 0.92 and a debt-to-equity ratio of 0.51. The stock has a market cap of $1.80 billion, a P/E ratio of -14.89 and a beta of 1.82.

Analyst Ratings Changes

CDE has been the topic of several recent analyst reports. BMO Capital Markets lifted their target price on shares of Coeur Mining from $3.50 to $4.25 and gave the stock a “market perform” rating in a research report on Wednesday, April 10th. Roth Capital reaffirmed a “buy” rating on shares of Coeur Mining in a report on Tuesday, April 9th. National Bank Financial reaffirmed an “outperform spec market weight” rating on shares of Coeur Mining in a report on Monday, April 8th. Roth Mkm started coverage on shares of Coeur Mining in a report on Tuesday, April 9th. They issued a “buy” rating and a $5.40 price target on the stock. Finally, Raymond James lifted their price target on shares of Coeur Mining from $3.75 to $4.00 and gave the stock a “market perform” rating in a report on Monday, April 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $4.21.

About Coeur Mining

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.