Coeur Mining, Inc. (NYSE:CDE) stock is presently standing at about $10.41 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 9 analysts covering the company is $14.25, which suggests the stock could still rise over 27 percent. The highest analyst price target is $18.00, which implies a rally of 27 percent. And a quick view of analyst notes show that 5 are rating the stock a buy while 1 rate CDE a strong buy. There are 4 equity research firms advocating a Hold and 0 consider it Sell.
Deutsche Bank analysts provided their view on Coeur Mining, Inc. (NYSE:CDE) recently. The rating firm issued a Hold rating to this company in a research note released on Oct 03, 2016. CIBC analysts disclosed their opinion on Coeur Mining, Inc. (NYSE:CDE) recently. The rating firm gave a Sector Perform rating to this stock in a research note published on Aug 30, 2016. According to a research note disclosed on Jul 14, 2016, analysts at RBC Capital Mkts have upped their rating on these shares from Sector Perform to Outperform.
Coeur Mining, Inc. (NYSE:CDE) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Chairman (non-executive) MELLOR ROBERT E Purchased 1,000 company shares for $11000.11, in a transaction on 2016-10-31. Following the transaction, the Chairman (non-executive) is left with a stake of 11.11 shares, currently valued at $116. Meanwhile, SVP & CFO Mitchell Peter C. sold 10,000 shares worth $110000.4, through a transaction dated 2016-10-31. Following the completion of the transaction, the insider is left with a stake of 242,399 shares, amounting $2523373.59. CDE Chairman (non-executive) MELLOR ROBERT E also purchased 1,000 shares, at a stock price of $13.67. This transaction occurred on 2016-09-09 totals $13000.67. After this transaction, the insider’s stake stands at 103,354 shares, with a market value of $1075915.
Executives hold 2.26 percent of the stock. Mr. Mitchell J. Krebs is one of the biggest insider owners in Coeur Mining, Inc. (NYSE:CDE), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 621,262 shares which have current market value of around $6467337.42.Mr. Frank L. Hanagarne, Jr is another major inside shareholder in the company. The insider owns 246,650 shares as of 0.13%, currently worth $2567626.5. Mr. Peter C. Mitchell is ranked as third insider holder of the stock. This insider holds 242,399 shares with a market value around $2523373.59 as of recent close.
Coeur Mining, Inc. (NYSE:CDE) Earnings Outlook
In Coeur Mining, Inc. (NYSE:CDE)’s latest quarter, EPS moved to $0.23 from $0.11 in preceding quarter and revenues reached at $176.25M compared to $182.01M. Analysts had expected Coeur Mining, Inc. (NYSE:CDE) to post net income of about $0.10 per share on $183.60M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.03 to $0.27. That is compared with the $-0.27 in EPS it reported during the same period a year ago.