Coeur Mining Inc (CDE) volume exceeds 11.42 million: A new investment opportunity for investors

Coeur Mining Inc (NYSE: CDE) kicked off on Monday, up 6.51% from the previous trading day, before settling in for the closing price of $6.14. Over the past 52 weeks, CDE has traded in a range of $2.39-$7.72.

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

Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 5.59%. While this was happening, its average annual earnings per share was recorded 165.50%. With a float of $393.01 million, this company’s outstanding shares have now reached $399.24 million.

Considering the fact that the conglomerate employs 2074 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 21.59%, operating margin of 10.43%, and the pretax margin is 5.33%.

Coeur Mining Inc (CDE) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Coeur Mining Inc is 1.56%, while institutional ownership is 75.42%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 165.50% per share during the next fiscal year.

Coeur Mining Inc (NYSE: CDE) Trading Performance Indicators

Take a look at Coeur Mining Inc’s (CDE) current performance indicators. Last quarter, 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 2.62.

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)

Compared to the last year’s volume of 7.96 million, its volume of 12.08 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.64%. Additionally, its Average True Range was 0.39.

During the past 100 days, Coeur Mining Inc’s (CDE) raw stochastic average was set at 62.54%, which indicates a significant decrease from 75.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.94% in the past 14 days, which was higher than the 68.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.66, while its 200-day Moving Average is $5.33. Nevertheless, the first resistance level for the watch stands at $6.69 in the near term. At $6.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.04. If the price goes on to break the first support level at $6.34, it is likely to go to the next support level at $6.15. Now, if the price goes above the second support level, the third support stands at $5.99.

Coeur Mining Inc (NYSE: CDE) Key Stats

The company with the Market Capitalisation of 2.57 billion has total of 399,241K Shares Outstanding. Its annual sales at the moment are 821,210 K in contrast with the sum of -103,610 K annual income. Company’s last quarter sales were recorded 313,480 K and last quarter income was 48,740 K.