Donald Smith & CO. Inc. lowered its position in Coeur Mining Inc (NYSE:CDE) by 63.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 89,200 shares of the basic materials company’s stock after selling 155,475 shares during the quarter. Donald Smith & CO. Inc.’s holdings in Coeur Mining were worth $475,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. AGF Investments Inc. increased its holdings in Coeur Mining by 19.2% in the 3rd quarter. AGF Investments Inc. now owns 377,700 shares of the basic materials company’s stock valued at $2,013,000 after acquiring an additional 60,800 shares during the last quarter. Ruffer LLP increased its holdings in shares of Coeur Mining by 6.9% in the 3rd quarter. Ruffer LLP now owns 1,493,063 shares of the basic materials company’s stock worth $7,951,000 after buying an additional 96,958 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Coeur Mining by 122.0% in the 3rd quarter. SG Americas Securities LLC now owns 82,378 shares of the basic materials company’s stock worth $439,000 after buying an additional 45,272 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Coeur Mining by 41.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 60,728 shares of the basic materials company’s stock worth $324,000 after buying an additional 17,860 shares during the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Coeur Mining by 29.8% in the 3rd quarter. First Trust Advisors LP now owns 139,943 shares of the basic materials company’s stock worth $746,000 after buying an additional 32,149 shares during the last quarter. 66.90% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on CDE shares. Noble Financial upgraded shares of Coeur Mining from a “hold” rating to a “buy” rating and set a $8.50 target price on the stock in a report on Friday, July 27th. Raymond James reduced their target price on shares of Coeur Mining from $10.00 to $9.50 and set an “outperform” rating on the stock in a report on Friday, August 3rd. ValuEngine downgraded shares of Coeur Mining from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 28th. BMO Capital Markets reduced their target price on shares of Coeur Mining from $10.50 to $9.00 and set an “outperform” rating on the stock in a report on Wednesday, October 10th. Finally, TheStreet downgraded shares of Coeur Mining from a “c-” rating to a “d+” rating in a report on Thursday, October 25th. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the company. Coeur Mining presently has an average rating of “Buy” and an average price target of $8.96.

Coeur Mining stock opened at $4.46 on Monday. The stock has a market capitalization of $888.10 million, a PE ratio of 223.00 and a beta of 0.74. Coeur Mining Inc has a twelve month low of $4.09 and a twelve month high of $8.94. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.00 and a current ratio of 1.96.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings results on Wednesday, October 31st. The basic materials company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.02). The firm had revenue of $148.80 million for the quarter, compared to the consensus estimate of $151.15 million. Coeur Mining had a negative net margin of 5.92% and a negative return on equity of 0.47%. The business’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.10) earnings per share. On average, equities analysts forecast that Coeur Mining Inc will post -0.13 earnings per share for the current fiscal year.

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Coeur Mining Profile

Coeur Mining, Inc owns, operates, explores for, and develops silver and gold properties. It holds interests in the Palmarejo silver-gold complex located in Mexico; the Silvertip silver-zinc-lead mine located in British Columbia; the Rochester silver-gold mine located in Nevada; the Kensington gold mine located in Alaska; and the Wharf gold mine located in South Dakota.

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Institutional Ownership by Quarter for Coeur Mining (NYSE:CDE)

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