Coeur Mining Inc (NYSE:CDE) shares, rose in value on Friday, July 19, with the stock price up by 0.16% to the previous day’s close as strong demand from buyers drove the stock to $6.35.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.34. Referring to stock’s 52-week performance, its high was $6.82, and the low was $2.00. On the whole, CDE has fluctuated by 13.60% over the past month.
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Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CDE’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CDE currently trading nearly 4.54% and 10.68% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.05, while the 7-day volatility ratio is showing 4.10% which for the 30-day chart, stands at 4.50%. Furthermore, Coeur Mining Inc (CDE)’s beta value is 1.61, and its average true range (ATR) is 0.31.
A comparison of Coeur Mining Inc (CDE) with its peers suggests the former has fared considerably weaker in the market. CDE showed an intraday change of 0.16% in today’s session so far, and over the past year, it grew by 88.43%%.
Data on historical trading for Coeur Mining Inc (NYSE:CDE) indicates that the trading volumes over the past 3 months, they’ve averaged 6.97 million. According to company’s latest data on outstanding shares, there are 399.32 million shares outstanding.
Nearly 1.55% of Coeur Mining Inc’s shares belong to company insiders and institutional investors own 75.15% of the company’s shares. The stock has risen by 94.79% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CDE stock heading into the next quarter.
