Coeur Mining Inc. (NYSE:CDE) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $14.15 and last traded at $13.66, with a volume of 3,109,058 shares. The stock had previously closed at $13.47.

A number of research analysts have issued reports on the company. CIBC cut Coeur Mining from a “sector perform” rating to a “sector underperform” rating and set a $4.25 price objective for the company. in a report on Friday, April 8th. Roth Capital reissued a “buy” rating on shares of Coeur Mining in a report on Monday, June 27th. BMO Capital Markets raised Coeur Mining from a “market perform” rating to an “outperform” rating in a report on Thursday, May 12th. Zacks Investment Research cut Coeur Mining from a “buy” rating to a “hold” rating in a report on Monday, May 16th. Finally, Barclays PLC lifted their price objective on Coeur Mining and gave the company an “outperform” rating in a 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. Coeur Mining currently has an average rating of “Buy” and an average target price of $5.88.

The stock’s market capitalization is $2.18 billion. The company has a 50 day moving average price of $11.04 and a 200 day moving average price of $6.72.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Wednesday, April 27th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.12. During the same period in the prior year, the company earned ($0.24) earnings per share. The firm earned $148.39 million during the quarter, compared to analyst estimates of $145.74 million. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. Equities research analysts anticipate that Coeur Mining Inc. will post $0.14 EPS for the current year.

A number of hedge funds and institutional investors have recently modified their holdings of CDE. Sei Investments Co. raised 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 in the last quarter. Donald Smith & CO. Inc. raised its position in shares of 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 in the last quarter. Royce & Associates LLC raised 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 in the last quarter. Finally, California Public Employees Retirement System raised 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 in 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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