Coeur Mining (CDE) Earns Media Impact Rating of 0.23
Press coverage about Coeur Mining (NYSE:CDE) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Coeur Mining earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 44.5049263925356 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Precious Metals and Companies That Mine Them (finance.yahoo.com)
- Coeur Mining, Inc. (CDE) COO Frank L. Jr. Hanagarne Sells 10,310 Shares (americanbankingnews.com)
- Updates on Most Active Stock: Coeur Mining Inc (CDE) – ExpertGazette (expertgazette.com)
- Coeur Mining, Inc. (CDE) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
Coeur Mining (NYSE CDE) traded down 3.652% on Thursday, hitting $9.365. 1,521,148 shares of the stock were exchanged. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 24.325 and a beta of 0.40. Coeur Mining has a 12 month low of $7.30 and a 12 month high of $13.18. The company has a 50-day moving average of $8.90 and a 200-day moving average of $8.75.
Coeur Mining (NYSE:CDE) last announced its earnings results on Wednesday, July 26th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $173.40 million during the quarter, compared to analyst estimates of $174.70 million. Coeur Mining had a net margin of 9.65% and a return on equity of 10.44%. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.09 earnings per share. On average, equities analysts predict that Coeur Mining will post $0.13 EPS for the current year.
A number of research analysts have recently weighed in on CDE shares. Canaccord Genuity reissued a “buy” rating and set a $11.75 target price on shares of Coeur Mining in a research report on Thursday, September 7th. Royal Bank Of Canada reissued an “outperform” rating on shares of Coeur Mining in a research report on Thursday, September 7th. UBS AG downgraded shares of Coeur Mining from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 7th. ValuEngine downgraded shares of Coeur Mining from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Finally, BidaskClub raised shares of Coeur Mining from a “hold” rating to a “buy” rating in a research report on Saturday, June 10th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $11.62.
In related news, CFO Peter C. Mitchell sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $8.19, for a total transaction of $81,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Frank L. Jr. Hanagarne sold 28,800 shares of the business’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $8.50, for a total transaction of $244,800.00. The disclosure for this sale can be found here. Insiders have sold 68,610 shares of company stock valued at $602,855 over the last 90 days. 1.30% of the stock is currently owned by company insiders.
About Coeur Mining
Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.
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