Coeur Mining Inc (NYSE:CDE) traded at $4.91 at close of the session on Monday, April 29, made a downward move of -0.61% on its previous day’s price.
Looking at the stock we see that its previous close was $4.94. In terms of its 52-week price range, CDE has a high of $5.47 and a low of $2.00. The company’s stock has gained about 30.24% over that past 30 days.
Coeur Mining Inc has a market cap of $1.96 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.05, with the EPS growth for the year raised at -$0.06 for 2024 and $0.28 for next year. These figures represent 73.90% and 566.70% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $223.8 million, with a low of $187.6 million and a high of $260 million. The median projection represents growth squeezing down to 19.50% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $962.1 million, or 17.20% up from figures reported last year.
On the other hand, looking at the outlook for the CDE stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is 7.44% off its SMA20 and 34.93% from its 50-day simple moving average. The RSI (14) is pointing at 64.71 while the volatility over the past week is 7.71% and jumps to 8.80% over the past one month. The beta value is 1.77, while the average true range (ATR) is currently pointing at 0.34.
Coming back to Coeur Mining Inc (NYSE:CDE), we note that the average 3-month trading volume was 7.98 million. Current shares outstanding are 398.58 million.
The insiders hold 1.62% of the company’s shares while institutions hold 69.22%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 50.61% up in year-to-date price movement.
