Coeur Mining Inc. (NYSE:CDE) was down 2.5% during trading on Thursday . The company traded as low as $11.56 and last traded at $11.90, with a volume of 3,259,225 shares trading hands. The stock had previously closed at $12.20.

A number of equities research analysts recently commented on CDE shares. Deutsche Bank AG reissued a “sell” rating on shares of Coeur Mining in a research note on Thursday. Raymond James Financial Inc. upgraded shares of Coeur Mining from a “market perform” rating to an “outperform” rating in a report on Monday, June 27th. Zacks Investment Research upgraded shares of Coeur Mining from a “hold” rating to a “buy” rating and set a $6.00 target price on the stock in a report on Monday, March 28th. Royal Bank Of Canada assumed coverage on shares of Coeur Mining in a report on Tuesday, June 21st. They issued a “sector perform” rating and a $9.00 target price on the stock. Finally, Barclays PLC upped their target price on shares of Coeur Mining and gave the company an “outperform” rating in a report on Monday, June 27th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company. Coeur Mining currently has an average rating of “Hold” and an average target price of $5.88.

The firm has a 50-day moving average of $9.21 and a 200 day moving average of $5.78. The company’s market cap is $1.93 billion.

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

A number of hedge funds and institutional investors have recently added to or reduced their stakes in CDE. Donald Smith & CO. Inc. raised its position 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. Royce & Associates LLC raised its position 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. Commerzbank Aktiengesellschaft FI raised its position 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. California Public Employees Retirement System raised its position 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. Finally, Sei Investments Co. raised its position 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.

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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