Shares of Coeur Mining Inc. (NYSE:CDE) hit a new 52-week high during trading on Tuesday . The stock traded as high as $16.25 and last traded at $16.08, with a volume of 3,244,203 shares changing hands. The stock had previously closed at $15.68.

CDE has been the topic of a number of research analyst reports. Royal Bank Of Canada raised Coeur Mining from a “sector perform” rating to an “outperform” rating in a research note on Thursday, July 14th. Deutsche Bank AG reaffirmed a “sell” rating on shares of Coeur Mining in a research note on Thursday, July 7th. Raymond James Financial Inc. raised Coeur Mining from a “market perform” rating to an “outperform” rating in a research note on Monday, June 27th. Zacks Investment Research raised Coeur Mining from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research note on Thursday, June 9th. Finally, Barclays PLC lifted their price target on Coeur Mining and gave the stock an “outperform” rating in a research note on Monday, June 27th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $5.88.

The company’s 50 day moving average price is $12.71 and its 200-day moving average price is $7.56. The firm’s market cap is $2.58 billion.

Coeur Mining (NYSE:CDE) last issued its earnings results on Wednesday, July 27th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.07. During the same period last year, the company posted ($0.11) earnings per share. The business had revenue of $182 million for the quarter, compared to analysts’ expectations of $173.92 million. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Analysts expect that Coeur Mining Inc. will post $0.21 EPS for the current fiscal year.

In related news, SVP Hans John Rasmussen sold 3,477 shares of the firm’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of $15.00, for a total value of $52,155.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Mark Spurbeck sold 4,565 shares of the firm’s stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $15.75, for a total value of $71,898.75. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Coeur Mining stock. California Public Employees Retirement System boosted its stake in shares of Coeur Mining Inc. (NYSE:CDE) by 9.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 840,600 shares of the company’s stock after buying an additional 72,000 shares during the period. California Public Employees Retirement System owned 0.61% of Coeur Mining worth $2,085,000 at the end of the most recent 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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