Zacks Rating on Coeur Mining (CDE)

Coeur Mining (CDE) : 2 brokerage houses believe that Coeur Mining (CDE) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Coeur Mining (CDE). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 2.38.

Coeur Mining (CDE) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $18 and the lowest price target forecast is $6. The average forecast of all the analysts is $12.85 and the expected standard deviation is $5.27.


Coeur Mining, Inc. has dropped 6.29% in the last five trading days, however, the shares have posted positive gains of 13.09% in the last 4 weeks. Coeur Mining, Inc. is up 99.18% in the last 3-month period. Year-to-Date the stock performance stands at 488.71%. Coeur Mining (NYSE:CDE): On Tuesdays trading session , Opening price of the stock was $14.91 with an intraday high of $14.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.5. However, the stock managed to close at $14.6, a loss of 1.08% for the day. On the previous day, the stock had closed at $14.76. The total traded volume of the day was 4,322,388 shares.

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.

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