108,847 Shares in Coeur Mining, Inc. $CDE Purchased by RFG Advisory LLC

RFG Advisory LLC acquired a new stake in shares of Coeur Mining, Inc. (NYSE:CDE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 108,847 shares of the basic materials company’s stock, valued at approximately $2,042,000.

A number of other hedge funds have also recently modified their holdings of CDE. AQR Capital Management LLC increased its stake in Coeur Mining by 60.2% in the first quarter. AQR Capital Management LLC now owns 748,907 shares of the basic materials company’s stock worth $4,434,000 after purchasing an additional 281,489 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Coeur Mining by 18.1% during the first quarter. Goldman Sachs Group Inc. now owns 8,352,940 shares of the basic materials company’s stock valued at $49,449,000 after buying an additional 1,278,110 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Coeur Mining by 122.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,431,244 shares of the basic materials company’s stock valued at $14,393,000 after acquiring an additional 1,339,138 shares in the last quarter. Focus Partners Wealth purchased a new stake in Coeur Mining in the first quarter worth about $60,000. Finally, Intech Investment Management LLC grew its holdings in Coeur Mining by 58.4% during the 1st quarter. Intech Investment Management LLC now owns 269,203 shares of the basic materials company’s stock worth $1,594,000 after acquiring an additional 99,256 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Raymond James Financial set a $21.00 target price on Coeur Mining in a report on Thursday, October 30th. Cantor Fitzgerald lowered Coeur Mining from an “overweight” rating to a “hold” rating and set a $16.00 price target for the company. in a research report on Thursday, October 30th. Weiss Ratings cut Coeur Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 29th. Cormark lowered Coeur Mining from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Finally, Wall Street Zen upgraded shares of Coeur Mining from a “hold” rating to a “buy” rating in a report on Sunday, December 21st. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $18.17.

Coeur Mining Stock Down 0.7%

Coeur Mining stock opened at $22.86 on Wednesday. Coeur Mining, Inc. has a 1-year low of $4.58 and a 1-year high of $27.77. The business has a fifty day moving average price of $19.92 and a 200-day moving average price of $16.96. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.00 and a quick ratio of 1.10. The stock has a market capitalization of $14.68 billion, a price-to-earnings ratio of 34.64 and a beta of 1.21.

Coeur Mining Profile

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.