Coeur Mining Inc. (NYSE:CDE)’s share price was down 6% during trading on Wednesday . The company traded as low as $12.23 and last traded at $12.80, with a volume of 4,138,782 shares trading hands. The stock had previously closed at $13.61.

A number of equities analysts have recently commented on CDE shares. Roth Capital restated a “buy” rating on shares of Coeur Mining in a research 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 price objective for the company in a research report on Monday, March 28th. Royal Bank Of Canada upgraded shares of Coeur Mining from a “sector perform” rating to an “outperform” rating in a research report on Thursday, July 14th. BMO Capital Markets upgraded shares of Coeur Mining from a “market perform” rating to an “outperform” rating in a research report on Thursday, May 12th. Finally, Barclays PLC raised their price objective on shares of Coeur Mining and gave the company an “outperform” rating in a research report on Monday, June 27th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $5.88.

The firm’s market cap is $2.04 billion. The company has a 50-day moving average of $10.60 and a 200-day moving average of $6.42.

Coeur Mining (NYSE:CDE) last released its quarterly earnings results on Wednesday, April 27th. The company reported ($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.12. The business had revenue of $148.39 million for the quarter, compared to analysts’ expectations of $145.74 million. Coeur Mining’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.24) EPS. On average, analysts predict that Coeur Mining Inc. will post $0.12 EPS for the current fiscal year.

Several large investors have added to or reduced their stakes in the stock. Donald Smith & CO. Inc. raised 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 valued at $32,866,000 after buying an additional 430,286 shares during the last quarter. Royce & Associates LLC increased its position in shares of 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 period. California Public Employees Retirement System increased its position in shares of 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 period. Finally, Sei Investments Co. increased its position in shares of 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 period.

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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