Coeur Mining (NYSE:CDE) Stock Price Up 2.1% on Analyst Upgrade

Coeur Mining, Inc. (NYSE:CDE) was up 2.1% during mid-day trading on Tuesday after ATB Cormark Capital Markets upgraded the stock from a hold rating to a moderate buy rating. The company traded as high as $18.54 and last traded at $18.2630. Approximately 93,381,416 shares were traded during trading, an increase of 240% from the average daily volume of 27,472,150 shares. The stock had previously closed at $17.89.

A number of other brokerages have also weighed in on CDE. Royal Bank Of Canada raised their price objective on Coeur Mining from $22.00 to $26.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Weiss Ratings raised Coeur Mining from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 13th. Zacks Research cut Coeur Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Roth Mkm restated a “buy” rating and issued a $29.00 price target on shares of Coeur Mining in a research note on Thursday, February 19th. Finally, Canadian Imperial Bank of Commerce began coverage on shares of Coeur Mining in a report on Tuesday, March 10th. They issued an “outperform” rating and a $40.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $24.67.

Trending Headlines about Coeur Mining

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

• Positive Sentiment: Completed acquisition of New Gold — Coeur’s wholly owned subsidiary closed the purchase of New Gold’s outstanding shares, materially increasing scale, reserves and free‑cash‑flow potential; this is a strategic growth catalyst for future earnings. Read More.
• Positive Sentiment: Analyst upgrades — BMO initiated coverage with an “Outperform” rating and $27 price target, and ATB Cormark upgraded to “Moderate Buy,” adding bullish analyst sentiment that supports upside vs. current levels.
• Positive Sentiment: CIBC Buy rating — CIBC added Coeur to its buy list, reinforcing institutional support after the New Gold deal and other corporate moves. Read More.
• Positive Sentiment: Debt-exchange to optimize capital structure — Coeur launched a senior‑notes exchange (around $40M referenced) to improve liquidity and lower near‑term financing risk, and reiterated 2026 production guidance; this reduces refinancing risk and supports credit profile. Read More.
• Negative Sentiment: Metals-price weakness and geopolitical risk driving intraday decline — Sharp drops in gold and silver prices, plus Middle East tensions, are pressuring miners’ multiples and are the primary reason shares are sliding today despite the company’s positive corporate actions. Read More.

Institutional Trading of Coeur Mining

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

Coeur Mining Stock Performance

The company has a quick ratio of 1.66, a current ratio of 2.47 and a debt-to-equity ratio of 0.10. The stock has a 50 day simple moving average of $22.52 and a 200 day simple moving average of $19.26. The company has a market capitalization of $10.36 billion, a price-to-earnings ratio of 18.55 and a beta of 1.16.

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

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.