A new trading day began on Monday, with Coeur Mining Inc (NYSE: CDE) stock price down -2.88% from the previous day of trading, before settling in for the closing price of $6.59. CDE’s price has ranged from $2.00 to $7.72 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 5.59% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 165.29%. With a float of $393.04 million, this company’s outstanding shares have now reached $399.24 million.
In an organization with 2074 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 40.69%, operating margin of 6.61%, and the pretax margin is 5.33%.
Coeur Mining Inc (CDE) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Coeur Mining Inc is 1.55%, while institutional ownership is 74.02%. 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 165.29% per share during the next fiscal year.
Coeur Mining Inc (NYSE: CDE) Trading Performance Indicators
Here are Coeur Mining Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.02, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.63 in one year’s time.
Technical Analysis of Coeur Mining Inc (CDE)
Let’s dig in a bit further. During the last 5-days, its volume was 13.81 million. That was better than the volume of 7.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.04%. Additionally, its Average True Range was 0.38.
During the past 100 days, Coeur Mining Inc’s (CDE) raw stochastic average was set at 58.10%, which indicates a significant increase from 46.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.40% in the past 14 days, which was lower than the 67.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.57, while its 200-day Moving Average is $5.24. However, in the short run, Coeur Mining Inc’s stock first resistance to watch stands at $6.53. Second resistance stands at $6.66. The third major resistance level sits at $6.88. If the price goes on to break the first support level at $6.18, it is likely to go to the next support level at $5.96. Assuming the price breaks the second support level, the third support level stands at $5.83.
Coeur Mining Inc (NYSE: CDE) Key Stats
With a market capitalization of 2.56 billion, the company has a total of 399,241K Shares Outstanding. Currently, annual sales are 821,210 K while annual income is -103,610 K. The company’s previous quarter sales were 222,030 K while its latest quarter income was 1,430 K.
