Coeur Mining Inc (NYSE:CDE) price on Thursday, May 09,rose 7.65% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.49.
A look at the stock’s price movement, the close in the last trading session was $5.10. Turning to its 52-week performance, $5.47 and $2.00 were the 52-week high and 52-week low respectively. Overall, CDE moved 16.31% over the past month.
Coeur Mining Inc’s market cap currently stands at around $2.19 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CDE is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
CDE’s current price about 16.96% and 37.28% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.14, while 7-day volatility ratio is 5.19% and 7.29% in the 30-day chart. Further, Coeur Mining Inc (CDE) has a beta value of 1.73, and an average true range (ATR) of 0.34.
If we refocus on Coeur Mining Inc (NYSE:CDE), historical trading data shows that trading volumes averaged 8.06 million over the past 3 months. The company’s latest data on shares outstanding shows there are 399.32 million shares.
The 1.61% of Coeur Mining Inc’s shares are in the hands of company insiders while institutional holders own 69.22% of the company’s shares. Current price change has pushed the stock 68.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CDE stock continues to rise going into the next quarter.
