Momentum Stock in Focus: Coeur Mining Inc (CDE)

As of quarter end Citigroup Inc had sold 6,300 shares trimming its position 4.4%. (NYSE:CDE) by 1.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm's stock has a market capitalization of $1.42 bln. California Public Employees Retirement System owned approximately 0.13% of Coeur Mining worth $1,938,000 as of its most recent filing with the SEC. UBS Group AG boosted its stake in shares of Coeur Mining by 9.8% in the first quarter. GMT Capital Corp now owns 11,747,789 shares of the basic materials company's stock valued at $94,922,000 after buying an additional 3,792,700 shares during the last quarter. Can boosted its stake in shares of Coeur Mining by 90.2% in the first quarter. State Street Corp now owns 8,767,696 shares of the basic materials company's stock valued at $70,842,000 after buying an additional 1,780,872 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Coeur Mining during the fourth quarter valued at $124,000. The legal version of this piece of content can be viewed at https://theolympiareport.com/2017/08/09/coeur-mining-inc-nysecde-shares-bought-by-metropolitan-life-insurance-co-ny-updated.html. Teacher Retirement System of Texas increased its stake in Coeur Mining by 8.5% in the first quarter. Can now owns 24,041 shares of the basic materials company's stock valued at $194,000 after buying an additional 11,400 shares during the period. TH Capital maintained Coeur Mining Inc (NYSE:CDE) on Tuesday, October 13 with "Buy" rating. Institutional investors own 68.07% of the company's stock. Foundry Prns Limited Liability Corp has invested 0.2% of its portfolio in Coeur Mining Inc (NYSE:CDE). The company now has a P/E ratio of 20.08 and market cap is 1.40B.

Insider Trading Activity for Coeur Mining, Inc. Coeur Mining, Inc. has had 4 insider trades in the last 3 months, including 2 open market buys and 2 sells. The basic materials company reported ($0.01) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.01). The business had revenue of $173.40 million during the quarter, compared to analysts' expectations of $174.70 million. Coeur Mining Inc (NYSE:CDE) has risen 21.49% since August 9, 2016 and is uptrending.

EPS growth in past 5 year was -20.10% along with sales growth of -8.20% in the last five years. On average, equities research analysts anticipate that Coeur Mining, Inc. will post $0.15 earnings per share for the current fiscal year.

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CDE has been the subject of several recent research reports. RBC Capital Markets maintained Coeur Mining Inc (NYSE:CDE) rating on Friday, July 14. Coeur Mining now has a consensus rating of "Hold" and an average target price of $11.29. Royal Bank Of Canada restated a "buy" rating and issued a $14.00 target price on shares of Coeur Mining in a research note on Wednesday, May 24th. Noble Financial reaffirmed a "hold" rating on shares of Coeur Mining in a research note on Friday, July 28th. A 25 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of PE or, if they already own its stock, sell it. And it remains to be seen which target price CDE can achieve without sacrificing much as the company is holding a -51.39% fall for the past twelve months.

In other Coeur Mining news, CFO Peter C. Mitchell sold 10,000 shares of the business's stock in a transaction on Monday, July 31st. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $8.45 on company shares.

Let's have a look at some of the important valuation ratios of the Coeur Mining, Inc. The Firm has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina.

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