Coeur Mining Inc (NYSE:CDE) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Having a price of $11.80, Coeur Mining Inc (NYSE:CDE) traded -3.83% lower on the day. With the last stock price up 15.18% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CDE has recorded a 50-day average of $13.83 and a two hundred day average of $10.24. Trade Volume was down over the average, with 5,737,623 shares of CDE changing hands under the typical 6,536,680
Zacks Investment Research has downgraded Coeur Mining Inc (NYSE:CDE) to Hold in a statement released on 09/27/2016.
Recent Performance Chart
Coeur Mining Inc has with a one year low of $1.62 and a 52 week high of $16.41 and has a market cap of $0.
In addition to Zacks Investment Research reporting its target price, a total of 8 firms have issued a report on the stock. The consensus target price is $10.56 with 0 firms rating the stock a strong buy, 4 firms rating the stock a buy, 4 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Coeur Mining Inc (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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