The stock is trading at $8.33 which is marginally lower than $9.18, the stock’s 50 day moving average and marginally under the 200 day moving average of $9.31. The 50 day moving average was down $-1.07 or -11.61% whereas the 200 day average was down by -12.91%. Trading was light with 2,088K shares changing hands on Wednesday. Trading volume was down 50.54% under the stocks average daily volume.
Here is the rundown on market activity for Coeur Mining, Inc. (NYSE:CDE). Mark Spurbeck, VP let go of $160,064 worth of shares at an average price of $9.76 on Thu the 8th. The VP now owns $1,217,013 of the stock as reported to the SEC. Robert E. Mellor, Chairman bought $9,360 worth of shares at an average price of $9.36 on Wed the 24th. Mellor now owns $1,078,272 of stock per an SEC filing yesterday.
Chairman Robert E. Mellor acquired 1,000 shares at an average price of $8.53 on May 3rd. That brings the Chairman’s holdings to $974,126 as recorded in a recent Form 4 SEC filing.
The following firms have also recently changed their position in CDE. Bank Of Montreal /can/ divested its ownership by selling 368 shares a decrease of 0.4% as of 06/30/2017. Bank Of Montreal /can/ now holds 90,897 shares with a value of $780,000. The total value of its holdings increased 5.8%. Morgan Stanley cut its investment by shedding 100 shares a decrease of 3.5% from 12/31/2016 to 03/31/2017. Morgan Stanley currently owns 2,739 shares worth $22,000. The value of the position overall is down by 15.4%.
Tower Research Capital LLC (trc) trimmed its position by shedding 5,218 shares a decrease of 85.3% in the quarter. Tower Research Capital LLC (trc) claims 900 shares valued at $7,000. The value of the position overall is down by 87.5%. Goldman Sachs Group Inc expanded its holdings by buying 21,257 shares an increase of 174.2%. Goldman Sachs Group Inc controls 33,460 shares valued at $270,000. The value of the position overall is up by 143.2%.
Equity analyst Canaccord Genuity issued its first research report on the stock by announcing an initial rating of “Buy”. On October 3 the company was set at “Hold” in a report from Deutsche Bank a boost from the previous “Sell” rating.
On August 30, 2016 the stock rating was changed to a “” according to a CIBC report which was a boost from the previous “” rating. On July 14 the company was upgraded to “Outperform” from “Sector Perform” in a report issued by RBC Capital.
On June 27, 2016 the stock rating was rated “” by Raymond James which is up from the previous “” rating. RBC Capital added the stock to its research portfolio with an initial rating of “Sector Perform” and setting a price target of $9.00.
The company is up since yesterday’s close of $8.11. The company currently has a P/E ratio of 14.67 and the market cap is 1.47B. In the last earnings report the EPS was $0.55 and is expected to be $0.16 for the current year with 181,449,000 shares currently outstanding. Next quarter’s EPS is estimated at $0.07 with next year’s EPS projected to be $0.45.
Coeur Mining, Inc., launched on May 15, 2013, 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. The Business’s segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other..