Coeur Mining Inc (NYSE:CDE) shares, rose in value on Wednesday, March 26, with the stock price down by -3.31% to the previous day’s close as strong demand from buyers drove the stock to $6.14.
Actively observing the price movement in the last trading, the stock closed the session at $6.35, falling within a range of $6.1 and $6.385. The value of beta (5-year monthly) was 1.516 whereas the PE ratio was 42.67 over 12-month period. Referring to stock’s 52-week performance, its high was $7.72, and the low was $3.36. On the whole, CDE has fluctuated by 20.63% over the past month.
With the market capitalization of Coeur Mining Inc currently standing at about $3.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.56B, with a low estimate of 260M and a high estimate of 327M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 293.5M.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.73, with the price of CDE currently trading nearly 5.53% and -0.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.78, while the 7-day volatility ratio is showing 4.32% which for the 30-day chart, stands at 5.85%. Furthermore, Coeur Mining Inc (CDE)’s beta value is 1.39, and its average true range (ATR) is 0.35.
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 -3.31% in last session, and over the past year, it grew by 84.38%%.
Data on historical trading for Coeur Mining Inc (NYSE:CDE) indicates that the trading volumes over the past 10 days have averaged 20.89 and over the past 3 months, they’ve averaged 18.22 million. According to company’s latest data on outstanding shares, there are 638.56 million shares outstanding.
Nearly 1.52% of Coeur Mining Inc’s shares belong to company insiders and institutional investors own 51.74% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 24.54 million shares as on 2025-03-14, resulting in a short ratio of 1.04. According to the data, the short interest in Coeur Mining Inc (CDE) stood at 388.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 51.25 million. The stock has risen by 7.34% 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.
