Coeur Mining (CDE) : Traders are bullish on Coeur Mining (CDE) as it has outperformed the S&P 500 by a wide margin of 19.94% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.75%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.17% in the last 1 week, and is up 22.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Coeur Mining (NYSE:CDE): The stock opened at $15.20 on Friday but the bulls could not build on the opening and the stock topped out at $15.63 for the day. The stock traded down to $14.95 during the day, due to lack of any buying support eventually closed down at $15.50 with a loss of -1.52% for the day. The stock had closed at $15.74 on the previous day. The total traded volume was 5,465,232 shares.
The stock has recorded a 20-day Moving Average of 11.48% and the 50-Day Moving Average is 39.56%. Coeur Mining, Inc. is up 96.2% in the last 3-month period. Year-to-Date the stock performance stands at 525%.
Coeur Mining (CDE) : Average target price received by Coeur Mining (CDE) is $12.44 with an expected standard deviation of $4.93. The most aggressive target on the stock is $18, whereas the most downbeat target is $6. 7 financial analysts are currently covering the stock.
Coeur Mining, Inc. (Coeur) is a silver producer. The Company has gold production and mines located in the United States, Mexico and Bolivia; a silver interest in Australia, and exploration projects in Mexico and Argentina. The Companys segments include Palmarejo, San Bartolome, Rochester, Kensington, La Preciosa and Coeur Capital. The Palmarejo surface and underground silver and gold mine, owned and operated by Coeur Mexicana, is located in the state of Chihuahua, Mexico. The San Bartolome silver mine, operated by Manquiri, is located on the flanks of the Cerro Rico Mountain. The Rochester mine is an open pit silver and gold mine located in Pershing County, Nevada. The Kensington underground gold mine is located on the east side of the Lynn Canal. La Preciosa is an advanced-stage silver and gold exploration project located around 52 miles northeast of the city of Durango in Durango State, Mexico. Coeur Capital holds the Endeavor silver stream and other precious metals royalties.