Long Term Growth review of Coeur Mining, Inc. (NYSE:CDE)

Joanna Estrada
August 12, 2017

(NYSE:CDE) by 19.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 123,874 shares of the basic materials company's stock after buying an additional 1,682 shares during the period. Qs Ltd Liability reported 0.02% in Coeur Mining Inc (NYSE:CDE).

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 18.2 million shares, VAN ECK ASSOCIATES CORP with 12.68 million shares, GMT CAPITAL CORP with 11.75 million shares, BLACKROCK INC. with 11.54 million shares, and STATE STREET CORP with 8.77 million shares. Over the past 2 quarters, Coeur Mining, Inc. The Renaissance Technologies Llc holds 268,700 shares with $4.10M value, up from 236,100 last quarter. Teacher Retirement System of Texas boosted its stake in shares of Coeur Mining by 8.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,814,259 shares of the basic materials company's stock valued at $22,738,000 after buying an additional 453,663 shares during the last quarter. The basic materials company reported ($0.01) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.01).

What Guru's think About Is Coeur Mining, Inc.

The company is up since yesterday's close of $7.72.

It is now trading at $7.73 which is quite a bit below the 50 day moving average which is $8.29 and which is quite a bit lower than the 200 day moving average of $8.94. The firm has a market cap of $1.40 billion, a PE ratio of 20.05 and a beta of 0.57.

Analysts' mean recommendation for Coeur Mining, Inc. Coeur Mining, Inc. has had 4 insider trades in the last 3 months, including 2 open market buys and 2 sells. However a year ago for the same quarter the company has reported $0.23 EPS. Also, the number of institutional investors holding Coeur Mining Inc in their top 10 holdings decreased from 3 to 1 for a decrease of 2. Revenue for the quarter also did not kill consensus, coming in at $173.35 Million, compared to the consensus of 174.7 Million. In contrast to the year ago quarter EPS was at 0.19.

Coeur Mining, Inc. (CDE) pulled off a 0.13 percent gain and now trades for $7.73.

ILLEGAL ACTIVITY WARNING: "Coeur Mining, Inc". The stock of Coeur Mining Inc (NYSE:CDE) earned " rating by IBC on Tuesday, August 30. If you are reading this article on another domain, it was stolen and republished in violation of United States and worldwide copyright and trademark law. The original version of this news story can be viewed at https://baseballnewssource.com/markets/coeur-mining-inc-nysecde-stake-lowered-by-prudential-financial-inc-updated-updated-updated/1202999.html.

Several research firms have recently issued reports on CDE. Royal Bank Of Canada reiterated a "buy" rating on shares of Coeur Mining in a research note on Friday, July 14th. Raymond James upgraded the stock to "Outperform" rating in Monday, June 27 report. Roth Capital set a $13.00 price target on Coeur Mining and gave the stock a "buy" rating in a research report on Wednesday, June 14th. On October 3 the company was rated "Hold" according to a Deutsche Bank report up from the previous "Sell" rating. The return on assets (ROA) (aka return on total assets, return on average assets), is one of the most widely used profitability ratios because it is related to both profit margin and asset turnover, and shows the rate of return for both creditors and investors of the company.

In other Coeur Mining news, CFO Peter C. Mitchell sold 10,000 shares of the business's stock in a transaction on Monday, July 31st. The stock's average target of $8.25 is 6.45% above today's ($7.75) share price. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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