Coeur Mining Inc. (NYSE:CDE) shares reached a new 52-week high during trading on Friday . The company traded as high as $12.47 and last traded at $12.46, with a volume of 3,901,971 shares changing hands. The stock had previously closed at $11.80.

Several brokerages have recently issued reports on CDE. Roth Capital reissued a “buy” rating on shares of Coeur Mining in a research report on Monday, June 27th. Deutsche Bank AG lowered Coeur Mining from a “hold” rating to a “sell” rating and set a $3.40 price objective for the company. in a research report on Wednesday, March 23rd. BMO Capital Markets raised Coeur Mining from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 12th. Zacks Investment Research raised Coeur Mining from a “hold” rating to a “buy” rating and set a $9.75 price objective for the company in a research report on Thursday, June 9th. Finally, Barclays PLC raised their price objective on Coeur Mining and gave the company an “outperform” rating in a research report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $5.88.

The stock’s 50 day moving average price is $9.07 and its 200 day moving average price is $5.70. The stock’s market capitalization is $1.91 billion.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings results on Wednesday, April 27th. The company reported ($0.04) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.12. The company earned $148.39 million during the quarter, compared to analysts’ expectations of $145.74 million. During the same period in the prior year, the business posted ($0.24) earnings per share. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. Equities research analysts expect that Coeur Mining Inc. will post ($0.01) EPS for the current fiscal year.

Other hedge funds have added to or reduced their stakes in the company. Sei Investments Co. increased its stake in Coeur Mining by 71,528.3% in the fourth quarter. Sei Investments Co. now owns 506,412 shares of the company’s stock worth $1,256,000 after buying an additional 505,705 shares during the last quarter. California Public Employees Retirement System increased its stake in Coeur Mining by 9.4% in the fourth quarter. California Public Employees Retirement System now owns 840,600 shares of the company’s stock worth $2,085,000 after buying an additional 72,000 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Coeur Mining by 46.9% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 890,658 shares of the company’s stock worth $2,209,000 after buying an additional 284,351 shares during the last quarter. Royce & Associates LLC increased its stake in Coeur Mining by 11.5% in the fourth quarter. Royce & Associates LLC now owns 1,068,000 shares of the company’s stock worth $2,649,000 after buying an additional 110,500 shares during the last quarter. Finally, Donald Smith & CO. Inc. increased its stake in Coeur Mining by 3.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 13,252,541 shares of the company’s stock worth $32,866,000 after buying an additional 430,286 shares during the last quarter.

Coeur Mining, Inc is a gold and silver producer. The Company’s segments include Palmarejo complex, Rochester, Kensington, Wharf and San Bartolome mines, and Coeur Capital. 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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