Coeur Mining, Inc. (NYSE:CDE) Trading Up - Short Interest increased by 13.35%

Lloyd Doyle
September 17, 2017

The value of the company's investment in Coeur Mining, Inc. went from $640,000 to $523,000 a change of $117,000 for the reporting period. (NYSE:CDE) shares saw light trading volume with 1,758K shares changing hands in the last trading session. Hudock Ltd Company owns 200 shares or 0.01% of their USA portfolio. NY now owns 110,210 shares of the company's stock valued at $1,175,000 after buying an additional 12,911 shares in the last quarter. Van ECK Associates Corp boosted its stake in Coeur Mining by 13.1% in the 1st quarter. BlackRock has an ownership of 11,688,139 stocks of the basic materials firms shares valued at $100,285,000 after scooping up an extra 149,548 shares through out the quarter. For the next 5 years, Coeur Mining, Inc.is expecting Growth of -54.55% per annum, whereas in the past 5 years the growth was -23.27% per annum. Teacher Retirement System of Texas now owns 14,405 shares of the basic materials company's stock worth $116,000 after buying an additional 1,133 shares during the last quarter. Finally, GAM Holding AG raised its stake in Coeur Mining by 14.6% during the second quarter. Cubist Systematic Strategies, LLC owns 41,154 shares valued at $353,000.

ILLEGAL ACTIVITY WARNING: This piece was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. The legal version of this article can be viewed at https://weekherald.com/2017/09/14/coeur-mining-inc-cde-holdings-reduced-by-commerzbank-aktiengesellschaft-fi.html. Fifth Third Bancorporation has 0% invested in Coeur Mining Inc (NYSE:CDE) for 300 shares. (NYSE:CDE) traded down 0.923% on Thursday, reaching $9.125.

In other Coeur Mining news, CFO Peter C. Mitchell unloaded 10,000 stocks of the firm's shares in a trade on early Mon, Jul 31st. The stock of Coeur Mining Inc (NYSE:CDE) has "Buy" rating given on Wednesday, June 14 by Roth Capital. The stock's 50-day moving average price is $10.84 and its 200-day moving average price is $11.73.

According to Financial Times, The 13 analysts offering 12 month price targets for Melrose Industries PLC have a median target of 260.00, with a high estimate of 290.00 and a low estimate of 220.00.


In a report released on Friday September 15, 2017 Raymond James increased the stock price target of Coeur Mining (NYSE:CDE) to $12.50 stating a potential upside of 0.35%. As of the latest earnings report the EPS was $0.38 and is expected to be $0.12 for the current year with 181,451,000 shares presently outstanding. Coeur Mining had a return on equity of 8.59% and a net margin of 8.31%. The firm had revenue of $173.40 million during the quarter, compared to analyst estimates of $174.70 million. Coeur Mining's revenue was down 4.7% compared to the same quarter a year ago. The stock now has a consensus rating of Hold and an average price target of $11.23. The shares were sold at an average price of $8.19, for a total value of $81,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. (NYSE:CDE). Frank L. Jr. Hanagarne sold 28,800 shares of Coeur Mining stock in a transaction on Monday, August 28th. The shares were sold at an average price of $8.50, for a total transaction of $244,800.00. The disclosure for this sale can be found here.

A number of research firms recently issued reports on CDE. Finally, Noble Financial reissued a "hold" rating on shares of Coeur Mining in a research report on Friday, July 28th. Stifel Nicolaus downgraded the shares of XYL in report on Monday, March 21 to "Hold" rating. BidaskClub boosted Coeur Mining from a "hold" recommendation to a "buy" recommendation in a study on Saturday, Jun 10th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. They issued a "buy" rating and a $13.00 target price for the company.

Analysts await Coeur Mining Inc (NYSE:CDE) to report earnings on October, 25. The Firm has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. The Company's divisions include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. 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.

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