Coeur Mining Inc (NYSE: CDE) on Friday, plunged -0.65% from the previous trading day, before settling in for the closing price of $6.18. Within the past 52 weeks, CDE’s price has moved between $2.00 and $6.82.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Basic Materials sector company grew by 5.59% over the past five years. The company achieved an average annual earnings per share of 128.53%. With a float of $393.05 million, this company’s outstanding shares have now reached $399.25 million.
Let’s look at the performance matrix of the company that is accounted for 2074 employees. In terms of profitability, gross margin is 13.14%, operating margin of -1.74%, and the pretax margin is -4.17%.
Coeur Mining Inc (CDE) Insider Updates
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Coeur Mining Inc is 1.55%, while institutional ownership is 77.97%. The most recent insider transaction that took place on May 07 ’24, was worth 101,600. In this transaction Director of this company sold 20,000 shares at a rate of $5.08, taking the stock ownership to the 103,100 shares. Before that another transaction happened on May 03 ’24, when Company’s VP, Corporate Controller & CAO sold 44,000 for $4.86, making the entire transaction worth $213,620. This insider now owns 140,719 shares in total.
Coeur Mining Inc (CDE) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 128.53% per share during the next fiscal year.
Coeur Mining Inc (NYSE: CDE) Trading Performance Indicators
Coeur Mining Inc (CDE) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.20, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.36 in one year’s time.
Technical Analysis of Coeur Mining Inc (CDE)
Coeur Mining Inc (NYSE: CDE) saw its 5-day average volume 5.75 million, a negative change from its year-to-date volume of 7.2 million. As of the previous 9 days, the stock’s Stochastic %D was 25.78%. Additionally, its Average True Range was 0.32.
During the past 100 days, Coeur Mining Inc’s (CDE) raw stochastic average was set at 75.63%, which indicates a significant increase from 58.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.02% in the past 14 days, which was lower than the 61.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.05, while its 200-day Moving Average is $4.34. Nevertheless, the first resistance level for the watch stands at $6.24 in the near term. At $6.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.44. If the price goes on to break the first support level at $6.04, it is likely to go to the next support level at $5.95. Assuming the price breaks the second support level, the third support level stands at $5.84.
Coeur Mining Inc (NYSE: CDE) Key Stats
Market capitalization of the company is 2.45 billion based on 399,321K outstanding shares. Right now, sales total 821,210 K and income totals -103,610 K. The company made 222,030 K in profit during its latest quarter, and 1,430 K in sales during its previous quarter.
