Insider Buying: Coeur Mining, Inc. (NYSE:CDE) SVP Purchases 3,600 Shares of Stock

Coeur Mining, Inc. (NYSE:CDEGet Rating) SVP Aoife Mcgrath purchased 3,600 shares of the business’s stock in a transaction on Thursday, May 25th. The shares were bought at an average price of $3.00 per share, with a total value of $10,800.00. Following the purchase, the senior vice president now directly owns 123,017 shares in the company, valued at approximately $369,051. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Coeur Mining Stock Performance

Shares of NYSE:CDE traded up $0.01 during mid-day trading on Friday, reaching $2.99. The company had a trading volume of 6,854,946 shares, compared to its average volume of 5,314,348. The company has a current ratio of 1.27, a quick ratio of 0.59 and a debt-to-equity ratio of 0.49. The firm has a market cap of $995.79 million, a price-to-earnings ratio of -7.45 and a beta of 1.57. The company’s 50-day moving average price is $3.61 and its 200-day moving average price is $3.52. Coeur Mining, Inc. has a one year low of $2.54 and a one year high of $4.55.

Coeur Mining (NYSE:CDEGet Rating) last issued its earnings results on Wednesday, February 22nd. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.01. Coeur Mining had a negative net margin of 14.08% and a negative return on equity of 12.34%. The business had revenue of $210.12 million for the quarter, compared to analysts’ expectations of $204.82 million. During the same quarter in the previous year, the firm posted ($0.05) EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Coeur Mining, Inc. will post -0.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Coeur Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of CDE. Nisa Investment Advisors LLC boosted its position in Coeur Mining by 334.6% during the third quarter. Nisa Investment Advisors LLC now owns 9,257 shares of the basic materials company’s stock valued at $35,000 after buying an additional 7,127 shares during the period. Verition Fund Management LLC bought a new position in Coeur Mining in the third quarter worth about $36,000. Synovus Financial Corp bought a new position in Coeur Mining in the first quarter worth about $43,000. Point72 Middle East FZE bought a new position in Coeur Mining in the fourth quarter worth about $36,000. Finally, Greenleaf Trust bought a new position in Coeur Mining in the third quarter worth about $38,000. Institutional investors own 64.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CDE shares. started coverage on Coeur Mining in a research note on Thursday, May 18th. They set a “sell” rating for the company. Raymond James cut their price target on Coeur Mining from $4.25 to $4.00 and set a “market perform” rating for the company in a research note on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from, the stock presently has a consensus rating of “Hold” and an average price target of $3.60.

Coeur Mining Company Profile

(Get Rating)

Coeur Mining, Inc engages in the exploration and development of silver and gold mining properties and mines located in United States, Canada and Mexico. It operates through the following segments: Palmarejo. Rochester, Kensington, and Wharf. The Palmarejo segment includes a gold-silver complex. The Rochester segment operates an open pit heap leach silver-gold mine located in northwestern Nevada.

See Also

Receive News & Ratings for Coeur Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coeur Mining and related companies with's FREE daily email newsletter.