
Coeur Mining, Inc. (NYSE:CDE – Free Report) – Investment analysts at Scotiabank dropped their FY2026 EPS estimates for Coeur Mining in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst E. Winmill now expects that the basic materials company will post earnings per share of $1.06 for the year, down from their previous estimate of $1.41. Scotiabank currently has a “Outperform” rating and a $26.50 target price on the stock. The consensus estimate for Coeur Mining’s current full-year earnings is $0.86 per share. Scotiabank also issued estimates for Coeur Mining’s FY2027 earnings at $1.41 EPS.
Other analysts have also issued research reports about the company. Roth Capital set a $19.00 price objective on Coeur Mining in a research report on Friday, August 7th. Wall Street Zen lowered Coeur Mining from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research raised Coeur Mining from a “strong sell” rating to a “hold” rating in a research note on Monday, August 17th. Cantor Fitzgerald downgraded Coeur Mining from a “buy” rating to a “hold” rating and set a $19.00 price target on the stock. in a report on Thursday, May 7th. Finally, Canaccord Genuity Group upgraded Coeur Mining from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $25.50.
Coeur Mining Stock Performance
Shares of CDE stock opened at $21.58 on Monday. The company has a quick ratio of 2.44, a current ratio of 3.65 and a debt-to-equity ratio of 0.07. Coeur Mining has a 52 week low of $12.05 and a 52 week high of $27.77. The stock has a market capitalization of $22.18 billion, a PE ratio of 18.44 and a beta of 1.32. The firm has a 50 day moving average of $16.88 and a two-hundred day moving average of $18.82.
Coeur Mining (NYSE:CDE – Get Free Report) last announced its earnings results on Wednesday, August 5th. The basic materials company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.14). The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Coeur Mining had a return on equity of 11.03% and a net margin of 26.82%.Coeur Mining’s quarterly revenue was up 125.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.20 earnings per share.
Insider Activity
In other Coeur Mining news, Director J Kenneth Thompson sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $20.77, for a total value of $519,250.00. Following the sale, the director directly owned 257,333 shares of the company’s stock, valued at approximately $5,344,806.41. This represents a 8.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Thomas S. Whelan sold 6,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $20.87, for a total transaction of $125,220.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 80,000 shares of company stock worth $1,569,870. Insiders own 0.90% of the company’s stock.
Institutional Trading of Coeur Mining
A number of hedge funds and other institutional investors have recently bought and sold shares of CDE. Ancora Advisors LLC acquired a new position in shares of Coeur Mining during the 2nd quarter worth about $26,000. Triumph Capital Management raised its position in shares of Coeur Mining by 300.0% during the 4th quarter. Triumph Capital Management now owns 1,600 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 1,200 shares in the last quarter. Versant Capital Management Inc lifted its stake in Coeur Mining by 105.0% during the second quarter. Versant Capital Management Inc now owns 1,601 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 820 shares during the last quarter. Kingdom Financial Group LLC. purchased a new stake in Coeur Mining during the fourth quarter worth approximately $32,000. Finally, JPL Wealth Management LLC acquired a new position in Coeur Mining in the third quarter valued at approximately $35,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.
About Coeur Mining
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.
Featured Articles
- Five stocks we like better than Coeur Mining
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Receive News & Ratings for Coeur Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coeur Mining and related companies with MarketBeat.com's FREE daily email newsletter.
