Coeur Mining (CDE) Getting Somewhat Favorable News Coverage, Report Shows
News articles about Coeur Mining (NYSE:CDE) have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coeur Mining earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 45.7807304857065 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- Coeur Announces Commencement of Production at Silvertip – Business Wire (press release) (businesswire.com)
- Coeur Mining, Inc. (CDE) – Tracking the Technical Picture – Wall Street Morning (wallstreetmorning.com)
- Worthy Stock in the Spotlight: Coeur Mining Inc (CDE) – Post Registrar (postregistrar.com)
- Coeur Mining, Inc. (NYSE:CDE) – Which Option is Best? – Buy or … – Nasdaq Journal (nasdaqjournal.com)
- Coeur Mining Announces Commencement of Production at Silvertip Mine – Junior Mining Network (juniorminingnetwork.com)
Coeur Mining (CDE) opened at $8.18 on Friday. Coeur Mining has a 52-week low of $6.71 and a 52-week high of $10.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.39 and a current ratio of 1.97. The company has a market cap of $1,516.92, a P/E ratio of -818.00 and a beta of 0.58.
A number of research analysts have commented on CDE shares. BMO Capital Markets set a $10.00 price target on shares of Coeur Mining and gave the company a “buy” rating in a research report on Tuesday, February 27th. Royal Bank of Canada set a $10.00 price target on shares of Coeur Mining and gave the company a “buy” rating in a research report on Tuesday, December 5th. Canaccord Genuity cut shares of Coeur Mining from a “buy” rating to a “hold” rating and increased their price target for the company from $7.86 to $8.50 in a research report on Tuesday, March 6th. Noble Financial reiterated a “hold” rating on shares of Coeur Mining in a research report on Thursday, January 11th. Finally, Zacks Investment Research upgraded shares of Coeur Mining from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. Coeur Mining presently has a consensus rating of “Hold” and a consensus target price of $9.67.
In other news, CFO Peter C. Mitchell sold 10,000 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $7.97, for a total transaction of $79,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Frank L. Jr. Hanagarne sold 5,684 shares of the stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $8.50, for a total value of $48,314.00. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company’s stock.
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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.
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