Coeur Mining found using ticker (CDE) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 7.5 and 4.5 calculating the mean target price we have 5.47. Given that the stocks previous close was at 4.35 this indicates there is a potential upside of 25.7%. The 50 day moving average now sits at 4.9 while the 200 day moving average is 6.81. The company has a market cap of $1,104m. Company Website: https://www.coeur.com
The potential market cap would be $1,389m based on the market concensus.
Coeur Mining explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 net acres located in northern British Columbia, Canada. In addition, the company owns interests in the Crown and Sterling projects located in southern Nevada; and the La Preciosa project located in Mexico. Further, it markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d’Alene Mines Corporation and changed its name to Coeur Mining in May 2013.Coeur Mining was incorporated in 1928 and is headquartered in Chicago, Illinois.
