Coeur d'Alene Mines (NYSE:CDE) target bumped up to $11.00, issued a ratings update today by Deutsche Bank
- Updated: October 3, 2016
In a report released on Monday October 03, 2016 Deutsche Bank raised the target price of Coeur d'Alene Mines (NYSE:CDE) from $7.50 to $11.00 indicating a possible downside of -0.07%.
Yesterday Coeur d'Alene Mines (NYSE:CDE) traded -0.72% lower at $11.83. The company’s 50-day moving average is $13.49 and its 200-day moving average is $10.32. The last closing price is up 13.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,934,260 shares of the stock traded hands, down from an average trading volume of 6,541,230
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Coeur d'Alene Mines has a 52 week low of $1.62 and a 52 week high of $16.41 The company’s market cap is currently $0.
In addition to Deutsche Bank reporting its stock price target, a total of 8 brokers have issued a research note on the company. The average stock price target is $10.56 with 0 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 4 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Coeur d'Alene Mines (NYSE:CDE)
Coeur Mining, Inc. is a gold and silver producer. The Company's segments include Palmarejo complex, Rochester, Kensington, Wharf and San Bartolome mines, and Coeur Capital. The Company also a non-operating interest in the Endeavor mine in Australia in addition to royalties on the El Gallo complex in Mexico, the Zaruma mine in Ecuador, and the Correnso mine in New Zealand. In addition, the Company has two silver-gold feasibility stage projects: the La Preciosa project in Mexico and the Joaquin project in Argentina. The Company also conducts exploration activities in Alaska, Argentina, Bolivia, Mexico, and Nevada. The Company owns strategic investment positions in several silver and gold development companies with projects in North and South America. It owns Coeur Capital, Inc., which primarily consists of the Endeavor silver stream as well as other precious metal royalties and strategic investments.
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