Coeur Mining Inc (NYSE:CDE) SVP Casey M. Nault Sells 20,000 Shares

Coeur Mining Inc (NYSE:CDE) SVP Casey M. Nault sold 20,000 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $7.00, for a total transaction of $140,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of NYSE:CDE traded up $0.07 during mid-day trading on Wednesday, reaching $7.29. The stock had a trading volume of 4,856,576 shares, compared to its average volume of 4,989,838. The firm has a market cap of $1.75 billion, a PE ratio of -729.00 and a beta of 0.84. The firm has a 50 day simple moving average of $5.82 and a two-hundred day simple moving average of $4.81. The company has a current ratio of 1.15, a quick ratio of 0.54 and a debt-to-equity ratio of 0.30. Coeur Mining Inc has a twelve month low of $2.78 and a twelve month high of $7.36.

Coeur Mining (NYSE:CDE) last announced its quarterly earnings results on Monday, November 4th. The basic materials company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. The business had revenue of $199.47 million for the quarter, compared to the consensus estimate of $199.41 million. Coeur Mining had a negative net margin of 10.57% and a negative return on equity of 4.07%. Coeur Mining’s revenue for the quarter was up 34.1% on a year-over-year basis. During the same period last year, the company posted ($0.11) EPS. On average, equities analysts anticipate that Coeur Mining Inc will post -0.22 EPS for the current fiscal year.

A number of research analysts have issued reports on CDE shares. ValuEngine downgraded shares of Coeur Mining from a “sell” rating to a “strong sell” rating in a research report on Friday, November 8th. Zacks Investment Research downgraded shares of Coeur Mining from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Raymond James set a $6.25 target price on shares of Coeur Mining and gave the company a “market perform” rating in a research report on Wednesday, November 6th. Noble Financial set a $6.00 target price on shares of Coeur Mining and gave the company a “buy” rating in a research report on Friday, August 9th. Finally, Roth Capital restated a “neutral” rating and set a $5.25 target price on shares of Coeur Mining in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. Coeur Mining presently has a consensus rating of “Hold” and a consensus target price of $5.90.

Large investors have recently made changes to their positions in the stock. Voya Investment Management LLC raised its holdings in Coeur Mining by 2.2% during the 3rd quarter. Voya Investment Management LLC now owns 82,897 shares of the basic materials company’s stock worth $399,000 after buying an additional 1,769 shares during the period. Point72 Hong Kong Ltd acquired a new stake in Coeur Mining during the 2nd quarter worth approximately $28,000. Advisor Group Inc. raised its holdings in Coeur Mining by 27.7% during the 2nd quarter. Advisor Group Inc. now owns 33,541 shares of the basic materials company’s stock worth $146,000 after buying an additional 7,283 shares during the period. Swiss National Bank raised its holdings in Coeur Mining by 2.1% during the 2nd quarter. Swiss National Bank now owns 378,300 shares of the basic materials company’s stock worth $1,642,000 after buying an additional 7,900 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Coeur Mining by 23.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 61,299 shares of the basic materials company’s stock worth $259,000 after buying an additional 11,657 shares during the period. Institutional investors and hedge funds own 64.03% of the company’s stock.

Coeur Mining Company Profile

Coeur Mining, Inc explores for, develops, and produces gold, silver, zinc, and lead properties. It holds interests in the Palmarejo gold and silver complex located in Mexico; the Rochester silver and gold mine situated in Nevada; the Kensington gold mine located in Alaska; the Wharf gold mine situated in South Dakota; and the Silvertip silver-zinc-lead mine located in Canada.

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

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