Coeur Mining (NYSE:CDE) Trading 13.7% Higher – Should You Buy?

Coeur Mining, Inc. (NYSE:CDE) traded up 13.7% during mid-day trading on Tuesday . The company traded as high as $18.80 and last traded at $18.7580. 40,493,069 shares traded hands during trading, an increase of 37% from the average session volume of 29,529,219 shares. The stock had previously closed at $16.50.

Coeur Mining News Roundup

Here are the key news stories impacting Coeur Mining this week:

• Positive Sentiment: Q4 profit surge and margin strength — Coeur reported a very large jump in quarterly profit (Zacks reports Q4 net of ~$215M, up ~468%), citing higher gold/silver prices and better mine performance. That boosts cash flow, margins and optionality for M&A or shareholder returns, and is a clear fundamental driver for the rally. Article Title
• Positive Sentiment: Portfolio-building acquisition and upgrade — Reporting indicates Coeur strengthened its gold portfolio via a recent acquisition and received an upgrade, which supports growth prospects and investor confidence. M&A that increases reserves or lowers costs is market-positive. Article Title
• Positive Sentiment: Market narrative that the pullback is overdone — A Seeking Alpha analysis argues the prior correction was excessive, highlighting recovery upside if metals prices and operational momentum persist. This type of bullish commentary can amplify investor buying. Article Title
• Positive Sentiment: Value stock recognition — InsiderMonkey lists CDE among cheap/value picks with a low forward P/E (~7.2), which attracts value-oriented investors seeking leverage to metals prices. Article Title
• Positive Sentiment: Analyst consensus remains constructive — Coverage summary shows a consensus “Moderate Buy” from brokerages, supporting demand from institutional and retail investors. Article Title
• Neutral Sentiment: Industry hiring at a different miner — Blossom Gold announced an IR hire; this is industry-related noise but not material to Coeur’s fundamentals. Article Title
• Negative Sentiment: Peer comparison favors First Majestic — Recent write-ups (Yahoo/Zacks) argue First Majestic offers stronger production growth and momentum than Coeur, which could reallocate investor preference within the gold/mining sector and apply relative-performance pressure on CDE. Article Title Article Title

Analyst Ratings Changes

A number of equities analysts recently commented on CDE shares. Wall Street Zen raised shares of Coeur Mining from a “hold” rating to a “buy” rating in a research note on Sunday, December 21st. Weiss Ratings downgraded Coeur Mining from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday. ATB Cormark Capital Markets raised Coeur Mining from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, March 24th. Royal Bank Of Canada upped their price objective on Coeur Mining from $22.00 to $26.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Roth Mkm reiterated a “buy” rating and issued a $29.00 target price on shares of Coeur Mining in a research note on Thursday, February 19th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.67.

Coeur Mining Price Performance

The company has a market cap of $12.04 billion, a PE ratio of 21.56 and a beta of 1.16. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.47 and a quick ratio of 1.66. The stock’s 50-day moving average is $22.18 and its 200 day moving average is $19.33.

Coeur Mining (NYSE:CDE) last released its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.08). Coeur Mining had a return on equity of 18.75% and a net margin of 28.31%.The firm had revenue of $674.85 million during the quarter, compared to analysts’ expectations of $668.70 million. During the same period in the prior year, the firm posted $0.11 earnings per share. Coeur Mining’s revenue for the quarter was up 120.9% compared to the same quarter last year. On average, equities analysts anticipate that Coeur Mining, Inc. will post 0.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Coeur Mining

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Up Capital Management Inc. acquired a new stake in Coeur Mining in the fourth quarter worth about $228,000. Rockefeller Capital Management L.P. increased its holdings in shares of Coeur Mining by 0.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 122,722 shares of the basic materials company’s stock valued at $2,188,000 after acquiring an additional 1,142 shares in the last quarter. Sankala Group LLC purchased a new position in shares of Coeur Mining in the 4th quarter valued at approximately $140,000. Alpine Global Management LLC acquired a new stake in Coeur Mining in the 4th quarter worth approximately $198,000. Finally, Ketron Financial acquired a new stake in Coeur Mining in the 4th quarter worth approximately $214,000. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

About Coeur Mining

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.