News coverage about Coeur Mining (NYSE:CDE) has been trending somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coeur Mining earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.1561381170694 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Coeur Mining (CDE) Shares Enter Oversold Territory (nasdaq.com)
- Coeur Mining, Inc. (NYSE:CDE) – Is The Stock Worthy? – Nasdaq Journal (press release) (nasdaqjournal.com)
- Analysts Recommendation on Coeur Mining Inc (CDE) – ExpertGazette (expertgazette.com)
- Coeur Mining, Inc. (CDE) Expected to Post Earnings of $0.07 Per Share (americanbankingnews.com)
- Is Coeur Mining Comfortable with Its Financial Leverage? (marketrealist.com)
CDE has been the topic of a number of recent analyst reports. Zacks Investment Research cut Coeur Mining from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Royal Bank Of Canada reissued a “buy” rating and set a $13.00 price target on shares of Coeur Mining in a report on Thursday, August 24th. BidaskClub raised Coeur Mining from a “strong sell” rating to a “sell” rating in a report on Thursday, August 24th. ValuEngine cut Coeur Mining from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, Canaccord Genuity reissued a “buy” rating and set a $11.75 price target on shares of Coeur Mining in a report on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $10.29.
Coeur Mining (NYSE:CDE) last issued its earnings results on Wednesday, October 25th. The basic materials company reported ($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ 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 firm had revenue of $176.00 million during the quarter, compared to the consensus estimate of $185.09 million. During the same period last year, the firm posted $0.23 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. analysts predict that Coeur Mining will post -0.05 EPS for the current year.
In other Coeur Mining news, COO Frank L. Jr. Hanagarne sold 10,310 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $9.29, for a total transaction of $95,779.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Hans John Rasmussen sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $9.25, for a total value of $92,500.00. The disclosure for this sale can be found here. Insiders sold 54,810 shares of company stock worth $464,155 over the last ninety days. Insiders own 1.30% of the company’s stock.
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Coeur Mining Company Profile
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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