Brokers Issue Forecasts for Coeur Mining, Inc.’s FY2025 Earnings (NYSE:CDE)
Coeur Mining, Inc. (NYSE:CDE – Free Report) – Cormark upped their FY2025 earnings per share (EPS) estimates for shares of Coeur Mining in a report issued on Friday, February 23rd. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings of $0.24 per share for the year, up from their prior estimate of $0.21. The consensus estimate for Coeur Mining’s current full-year earnings is $0.07 per share.
Several other brokerages have also recently weighed in on CDE. National Bank Financial reiterated an “outperform spec market weight” rating on shares of Coeur Mining in a research report on Wednesday, January 3rd. BMO Capital Markets reaffirmed a “market perform” rating and set a $2.75 target price on shares of Coeur Mining in a report on Friday, November 3rd. Finally, Raymond James lowered their price target on shares of Coeur Mining from $4.00 to $3.75 and set a “market perform” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $3.79.
Check Out Our Latest Research Report on CDE
Coeur Mining Trading Up 2.3 %
NYSE:CDE opened at $2.72 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.41 and a current ratio of 1.05. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of -8.77 and a beta of 1.79. The firm has a 50-day moving average price of $2.89 and a two-hundred day moving average price of $2.64. Coeur Mining has a 52 week low of $2.00 and a 52 week high of $4.55.
Institutional Trading of Coeur Mining
A number of institutional investors have recently modified their holdings of the company. Alberta Investment Management Corp bought a new position in Coeur Mining during the 2nd quarter valued at approximately $29,000. Atria Wealth Solutions Inc. bought a new position in shares of Coeur Mining during the fourth quarter valued at approximately $33,000. US Bancorp DE lifted its stake in Coeur Mining by 1,742.5% in the fourth quarter. US Bancorp DE now owns 10,355 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 9,793 shares during the period. Rathbones Group PLC bought a new stake in Coeur Mining in the third quarter valued at $35,000. Finally, First Trust Advisors LP purchased a new position in Coeur Mining during the 4th quarter valued at $35,000. 61.55% of the stock is currently owned by hedge funds and other institutional investors.
About Coeur Mining
Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. It primarily explores for gold, silver, zinc, and lead properties. The company holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,279 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 net acres located in northern British Columbia, Canada.
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