Coeur Mining (CDE) Getting Somewhat Positive Press Coverage, Analysis Finds

News coverage about Coeur Mining (NYSE:CDE) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coeur Mining earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 45.7590765890596 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:

Several brokerages have issued reports on CDE. Noble Financial reaffirmed a “hold” rating on shares of Coeur Mining in a report on Tuesday, October 31st. Raymond James Financial, Inc. raised Coeur Mining from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $10.25 to $10.50 in a report on Tuesday. UBS AG lowered Coeur Mining from an “outperform” rating to a “market perform” rating in a report on Thursday, September 7th. BMO Capital Markets reaffirmed a “buy” rating on shares of Coeur Mining in a report on Wednesday, September 13th. Finally, BidaskClub lowered Coeur Mining from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $10.55.

Coeur Mining (NYSE:CDE) traded up $0.05 during midday trading on Wednesday, hitting $7.67. The company had a trading volume of 1,749,753 shares, compared to its average volume of 3,173,744. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.51 and a current ratio of 3.68. Coeur Mining has a 52-week low of $6.98 and a 52-week high of $12.30.

Coeur Mining (NYSE:CDE) last released its quarterly earnings results on Wednesday, October 25th. The basic materials company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.17). Coeur Mining had a negative return on equity of 1.37% and a negative net margin of 2.41%. The company had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $185.09 million. During the same period in the prior year, the business earned $0.23 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. analysts predict that Coeur Mining will post -0.05 earnings per share for the current fiscal year.

In other Coeur Mining news, VP Mark Spurbeck sold 15,000 shares of Coeur Mining stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $7.42, for a total value of $111,300.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $7.67, for a total value of $76,700.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 83,610 shares of company stock worth $708,955. Corporate insiders own 1.30% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Coeur Mining (NYSE:CDE)

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