Coeur Mining Inc (CDE) average volume reaches $7.49M: Is Wall Street expecting a rally?

On Friday, Coeur Mining Inc (NYSE: CDE) opened lower -3.13% from the last session, before settling in for the closing price of $4.79. Price fluctuations for CDE have ranged from $2.00 to $5.37 over the past 52 weeks.

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Basic Materials Sector giant saw their annual sales surged by 5.59% over the last five years. Company’s average yearly earnings per share was noted 91.82% at the time writing. With a float of $391.88 million, this company’s outstanding shares have now reached $398.58 million.

The firm has a total of 2074 workers. Let’s measure their productivity.

Coeur Mining Inc (CDE) Insider Activity

A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Coeur Mining Inc is 1.68%, while institutional ownership is 68.94%. The most recent insider transaction that took place on Mar 15 ’24, was worth 20,020. In this transaction SVP, Exploration of this company bought 6,200 shares at a rate of $3.23, taking the stock ownership to the 207,308 shares. Before that another transaction happened on Nov 27 ’23, when Company’s VP, Corporate Controller & CAO sold 7,000 for $2.81, making the entire transaction worth $19,684. This insider now owns 134,051 shares in total.

Coeur Mining Inc (CDE) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 209.50 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 91.82% per share during the next fiscal year.

Coeur Mining Inc (NYSE: CDE) Trading Performance Indicators

Check out the current performance indicators for Coeur Mining Inc (CDE). In the past quarter, the stock posted a quick ratio of 0.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.31, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.29 in one year’s time.

Technical Analysis of Coeur Mining Inc (CDE)

Analysing the last 5-days average volume posted by the [Coeur Mining Inc, CDE], we can find that recorded value of 14.2 million was better than the volume posted last year of 7.51 million. As of the previous 9 days, the stock’s Stochastic %D was 54.15%. Additionally, its Average True Range was 0.37.

During the past 100 days, Coeur Mining Inc’s (CDE) raw stochastic average was set at 72.79%, which indicates a significant increase from 60.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.92% in the past 14 days, which was higher than the 73.80% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.27, while its 200-day Moving Average is $2.83. Now, the first resistance to watch is $5.21. This is followed by the second major resistance level at $5.79. The third major resistance level sits at $6.10. If the price goes on to break the first support level at $4.32, it is likely to go to the next support level at $4.01. Should the price break the second support level, the third support level stands at $3.43.

Coeur Mining Inc (NYSE: CDE) Key Stats

There are currently 389,168K shares outstanding in the company with a market cap of 1.85 billion. Presently, the company’s annual sales total 821,210 K according to its annual income of -103,610 K. Last quarter, the company’s sales amounted to 262,090 K and its income totaled -25,510 K.