Media headlines about Coeur Mining (NYSE:CDE) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, 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 46.6708684182581 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
Coeur Mining traded down $0.05, hitting $7.98, during midday trading on Thursday, Marketbeat reports. 156,065 shares of the company traded hands, compared to its average volume of 2,251,835. Coeur Mining has a twelve month low of $6.71 and a twelve month high of $9.87. The company has a quick ratio of 1.25, a current ratio of 2.05 and a debt-to-equity ratio of 0.49. The company has a market cap of $1.48 billion, a PE ratio of 400.00 and a beta of 0.60.
Coeur Mining (NYSE:CDE) last announced its quarterly earnings results on Wednesday, April 25th. The basic materials company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02. Coeur Mining had a negative return on equity of 0.77% and a negative net margin of 2.58%. The company had revenue of $163.30 million for the quarter, compared to the consensus estimate of $167.12 million. During the same quarter last year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was down 12.0% compared to the same quarter last year. equities analysts expect that Coeur Mining will post -0.01 EPS for the current fiscal year.
A number of equities analysts recently commented on CDE shares. Canaccord Genuity upgraded Coeur Mining from a “hold” rating to a “buy” rating and set a $9.50 price objective on the stock in a report on Wednesday, April 4th. BMO Capital Markets increased their price objective on Coeur Mining from $10.00 to $11.00 and gave the stock a “buy” rating in a report on Tuesday, July 10th. Roth Capital upgraded Coeur Mining from a “neutral” rating to a “buy” rating and set a $9.00 price objective on the stock in a report on Tuesday, July 10th. Noble Financial restated a “hold” rating on shares of Coeur Mining in a report on Tuesday, July 10th. Finally, ValuEngine upgraded Coeur Mining from a “sell” rating to a “hold” rating in a report on Friday, July 6th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $10.15.
In other Coeur Mining news, CAO Kenneth J. Watkinson sold 7,274 shares of the stock in a transaction that occurred on Wednesday, May 9th. The stock was sold at an average price of $8.17, for a total transaction of $59,428.58. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Peter C. Mitchell sold 10,000 shares of the stock in a transaction that occurred on Friday, April 27th. The shares were sold at an average price of $7.88, for a total value of $78,800.00. The disclosure for this sale can be found here. Company insiders own 1.32% of the company’s stock.
Coeur Mining Company Profile
Coeur Mining, Inc owns, operates, explores for, and develops silver and gold properties. It holds interests in the Palmarejo silver-gold complex located in Mexico; the Silvertip silver-zinc-lead mine located in British Columbia; the Rochester silver-gold mine located in Nevada; the Kensington gold mine located in Alaska; and the Wharf gold mine located in South Dakota.
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