最新ニュース Coeur Mining (NYSE:CDE) 株価情報

Coeur Mining

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.

Coeur Mining Inc

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CANDELARIA MINING CRP ORD by Candelaria Mining Corp.

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CardieX Ltd

Across the recent three months, 5 analysts have shared their insights on Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $7.95, a high estimate of $8.50, and a low estimate of $7.00. Surpassing the previous average price target of $7.55, the current average has increased by 5.3%.
<img src="https://www.benzinga.com/files/images/story/2024/1731100849_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A clear picture of Coeur Mining's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Buy</td>
<td>$8.50</td>
<td>$9.00</td>
</tr>
<tr>
<td>Dalton Baretto</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$7.75</td>
<td>$7.00</td>
</tr>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$8.50</td>
<td>$8.00</td>
</tr>
<tr>
<td>Kevin O'Halloran</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$8.00</td>
<td>$7.50</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$7.00</td>
<td>$6.25</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Coeur Mining. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Coeur Mining compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Coeur Mining's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Coeur Mining's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CDE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coeur Mining analyst ratings.</a>
<h2>About Coeur Mining</h2>
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.
<h3>Key Indicators: Coeur Mining's Financial Health</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Coeur Mining's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 61.1% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Coeur Mining's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 15.55%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Coeur Mining's ROE stands out, surpassing industry averages. With an impressive ROE of 4.61%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Coeur Mining's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.23%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 0.56, Coeur Mining faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

What 5 Analyst Ratings Have To Say About Coeur Mining

WIIM

GATO

GOLD

PAAS

SAND

SBSW

Shares of metals and materials companies are trading lower. The sector may be reacting to China's recent stimulus efforts which have struggled to buoy the economy and business conditions.

5 analysts have shared their evaluations of Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $7.95, with a high estimate of $8.50 and a low estimate of $7.00. This upward trend is evident, with the current average reflecting a 5.3% increase from the previous average price target of $7.55.
<img src="https://www.benzinga.com/files/images/story/2024/1731092412_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Coeur Mining. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Buy</td>
<td>$8.50</td>
<td>$9.00</td>
</tr>
<tr>
<td>Dalton Baretto</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$7.75</td>
<td>$7.00</td>
</tr>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$8.50</td>
<td>$8.00</td>
</tr>
<tr>
<td>Kevin O'Halloran</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$8.00</td>
<td>$7.50</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$7.00</td>
<td>$6.25</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Coeur Mining. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Coeur Mining compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Coeur Mining's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Coeur Mining's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CDE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coeur Mining analyst ratings.</a>
<h2>Discovering Coeur Mining: A Closer Look</h2>
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.
<h3>Financial Milestones: Coeur Mining's Journey</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Positive Revenue Trend: Examining Coeur Mining's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 61.1% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Coeur Mining's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 15.55%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.61%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.23%, the company showcases effective utilization of assets.
Debt Management: Coeur Mining's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.56, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into Coeur Mining Stock: Analyst Perspectives (5 Ratings)

Roth MKM analyst Joe Reagor reiterates Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) with a Buy and lowers the price target from $9 to $8.5.

News

Price Target

Reiteration

Roth MKM Reiterates Buy on Coeur Mining, Lowers Price Target to $8.5

Coeur Mining shares are trading higher after the company reported better-than-expected Q3 financial results.

Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.07 by 71.43 percent. The company reported quarterly sales of $313.000 million which beat the analyst consensus estimate of $289.187 million by 8.23 percent. This is a 60.86 percent increase over sales of $194.583 million the same period last year.

Earnings

Earnings Beats

Coeur Mining Q3 2024 Adj. EPS $0.12 Beats $0.07 Estimate, Sales $313.000M Beat $289.187M Estimate

Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Coeur Mining to report an earnings per share (EPS) of $0.07.
Investors in Coeur Mining are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings Track Record</h3>
During the last quarter, the company reported an EPS missed by $0.01, leading to a 5.08% increase in the share price on the subsequent day.
Here's a look at Coeur Mining's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0</td>
<td>-0.04</td>
<td>0</td>
<td>-0.01</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.01</td>
<td>-0.05</td>
<td>-0.02</td>
<td>-0.05</td>
</tr>
<tr>
<td>Price Change %</td>
<td>5.0%</td>
<td>5.0%</td>
<td>3.0%</td>
<td>-5.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730822558_0.png" alt="eps graph" />
<h3>Coeur Mining Share Price Analysis</h3>
Shares of Coeur Mining were trading at $6.02 as of November 04. Over the last 52-week period, shares are up 165.65%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Observations about Coeur Mining</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Coeur Mining.
The consensus rating for Coeur Mining is Buy, based on 6 analyst ratings. With an average one-year price target of $7.58, there's a potential 25.91% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Gold Royalty, Gold Resource and Royal Gold, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>The prevailing sentiment among analysts is an Buy trajectory for Gold Royalty, with an average 1-year price target of $5.75, implying a potential 4.49% downside.</li>
<li>The prevailing sentiment among analysts is an Buy trajectory for Gold Resource, with an average 1-year price target of $1.75, implying a potential 70.93% downside.</li>
<li>Royal Gold received a Neutral consensus from analysts, with an average 1-year price target of $160.33, implying a potential 2563.29% upside.</li>
</ul>
<h3>Summary of Peers Analysis</h3>
The peer analysis summary presents essential metrics for Gold Royalty, Gold Resource and Royal Gold, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Coeur Mining</td>
<td>Buy</td>
<td>25.27%</td>
<td>$49.38M</td>
<td>0.14%</td>
</tr>
<tr>
<td>Gold Royalty</td>
<td>Buy</td>
<td>283.33%</td>
<td>$1.37M</td>
<td>-0.42%</td>
</tr>
<tr>
<td>Gold Resource</td>
<td>Buy</td>
<td>-16.23%</td>
<td>$-3.59M</td>
<td>-34.71%</td>
</tr>
<tr>
<td>Royal Gold</td>
<td>Neutral</td>
<td>20.86%</td>
<td>$112.59M</td>
<td>2.76%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Coeur Mining ranks at the bottom for Revenue Growth and Gross Profit, while it is in the middle for Return on Equity.
<h3>Get to Know Coeur Mining Better</h3>
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.
<h3>Breaking Down Coeur Mining's Financial Performance</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Coeur Mining's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 25.27%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 0.64%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Coeur Mining's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.14%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Coeur Mining's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.07%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Coeur Mining's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.62, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/CDE/earnings">To track all earnings releases for Coeur Mining visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Coeur Mining's Earnings

Shares of precious metals stocks are trading higher as gold and silver rise amid macro uncertainty, which has been attributed to Middle East conflict and the upcoming US presidential election.

SSRM

Shares of precious metals stocks are trading higher amid a rise in the price of gold and silver.

Canaccord Genuity analyst Dalton Baretto maintains Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) with a Buy and raises the price target from $7 to $7.75.

Canaccord Genuity Maintains Buy on Coeur Mining, Raises Price Target to $7.75

Coeur Mining Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) shares are trading lower by 7.06% to $6.58 during Friday&#8217;s session. The company announced it <a href="https://www.benzinga.com/pressreleases/24/10/b41181995/coeur-announces-acquisition-of-silvercrest-to-create-leading-global-silver-company">agreed to acquire</a> SilverCrest Metals for approximately $1.7 billion, pending court approval.
What To Know: Under the terms of the agreement, SilverCrest shareholders will receive 1.6022 shares of Coeur common stock for each SilverCrest share, valuing SilverCrest shares at $11.34, representing an 18% premium based on recent stock prices. 
The acquisition is structured as a court-approved plan of arrangement and will give Coeur 63% ownership of the combined entity, with SilverCrest shareholders holding 37%.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41185065/s-p-500-nears-record-highs-on-hot-jobs-data-dollar-treasury-yields-surge-as-aggre">S&amp;P 500 Nears Record Highs On Hot Jobs Data: Dollar, Treasury Yields Surge As Aggressive Interest Rate Cut Hopes Fade</a>
The combined company will become a leading global silver producer, with projected 2025 silver output of approximately 21 million ounces, along with 432,000 ounces of gold from its North American operations. 
What Else: The deal adds SilverCrest's Las Chispas underground mine in Mexico to Coeur's portfolio, a high-grade, low-cost silver and gold producer that has been delivering strong results since 2022.
Coeur expects the acquisition to boost its free cash flow significantly and accelerate its debt reduction efforts by 40%. Additionally, two SilverCrest directors, including CEO N. Eric Fier, will join Coeur&#8217;s board post-acquisition. 
Both companies&#8217; boards have unanimously recommended the deal, which is anticipated to close in first-quarter 2025, pending shareholder, court, and regulatory approvals.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/10/41186164/cheech-and-chong-global-holdings-president-on-importance-of-medical-marijuana-cannabis-is-medici">Cheech And Chong Global Holdings President On Importance Of Medical Marijuana: &#8216;Cannabis Is Medicine&#8217;</a>
<h2 class="wp-block-heading">Should I Sell My CDE Stock?</h2>
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
Shares of Coeur Mining have increased by 192.27% in the past year. An investor who bought shares of Coeur Mining at the beginning of the year would make a profit of $3.23 per share if they sold it today. The stock has risen 17.12% over the past month, meaning an investor who bought shares on Sep. 1 would see a capital gain of $0.97.
Coeur Mining shares have an all-time high of $7.51, representing 16.8% upside from current levels.
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Coeur Mining stock currently has an RSI of 50.74, indicating neutral conditions.
For access to advanced charting and analysis tools and stock data, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a>
CDE has a 52-week high of $7.72 and a 52-week low of $2.00.

Why Coeur Mining (CDE) Stock Is Falling

Coeur Mining shares are trading lower. The company announced it agreed to acquire SilverCrest Metals for approximately $1.7 billion, pending court approval.

SILV

Coeur Mining Agrees To Acquire SilverCrest Metals Pursuant To Court-approved Plan Of Arrangement; Deal Implies Total Equity Value Of Approximately $1.7B

RGLD

Shares of gold companies are trading higher following a spike in the price of the safe haven asset after Iran launched a missile attack on Israel.

Shares of precious metals companies are trading lower amid a pullback in gold and silver.

Vice President Kamala Harris has vowed to establish a national stockpile of critical minerals, citing their importance for economic and national security. This initiative forms part of her broader $100 billion industrial policy proposal, unveiled Wednesday, which includes various measures to strengthen the <a target="_blank" href="https://www.benzinga.com/topic/us-economy" rel="noreferrer noopener">U.S. economy</a>.
Harris's &#8220;America Forward&#8221; agenda aims to reduce the U.S. <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/04/38114381/critical-minerals-race-heats-up-us-eu-challenge-chinas-dominance" rel="noreferrer noopener">reliance on foreign sources</a>, particularly China, for these crucial resources. The strategy proposes new incentives, including tax credits, and potentially invoking the Defense Production Act to boost domestic processing capabilities.
As reported by Bloomberg, Kamala Harris&#8217; campaign stated that enhanced domestic production and other sustainable initiatives would strengthen critical mineral supply chains with allies and partners. This includes encouraging investments that boost the production of these resources in the U.S. and among allied countries.
Critical minerals, including lithium, cobalt, and rare earth elements, are essential for modern technology and defense applications. These materials are indispensable for producing electric vehicle batteries, semiconductors, and military equipment. China currently dominates the global processing of many minerals, posing a strategic vulnerability for the U.S. As demand for clean energy and advanced technology grows, securing a steady supply of these minerals has become a top priority.
President Biden's administration has already <a target="_blank" href="https://www.benzinga.com/markets/esg/24/03/37914506/bidens-475m-for-mining-aims-to-power-communities-hit-hardest-by-our-evolving-energy-landscape" rel="noreferrer noopener">made significant strides</a> in addressing this issue. Through initiatives like Executive Order 14017, Biden ordered a comprehensive review of critical mineral supply chains, leading to billions in investments to strengthen domestic capabilities. Since Biden took office, more than $120 billion has been committed to building battery and critical mineral supply chains, creating over 250,000 energy jobs, and ensuring future demand for essential materials like lithium and cobalt is met.
Despite these efforts, the U.S. mining sector still needs to overcome significant challenges. Domestic mining projects take <a target="_blank" href="https://www.benzinga.com/news/24/07/39870803/us-mine-development-delays-among-worlds-longest-second-only-to-zambia" rel="noreferrer noopener">nearly 29 years </a>to move from discovery to production, according to a study from S&amp;P Global published in July.
This timeline is significantly longer than in countries like Canada and Australia, where litigation risks and regulatory hurdles are much lower. These factors have slowed progress and discouraged private-sector investment in U.S. mining ventures.
Still, the push to increase domestic production of critical minerals has gained bipartisan support, as Republicans and Democrats recognize its strategic importance.
Thus, regardless of the outcome of the upcoming election, the U.S. will likely continue prioritizing critical mineral production, securing the nation's needs for the energy transition.
Read Next: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41038172/amid-resistance-from-harris-and-trump-nippon-steel-scores-favorable-arbitration-ruling-in-14-9b-" rel="noreferrer noopener">Amid Resistance From Harris And Trump, Nippon Steel Scores Favorable Arbitration Ruling In $14.9B US Steel Acquisition Deal</a>
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com" target="_blank" rel="noreferrer noopener">licensing@benzinga.com</a> to get started!
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Harris Vows To Push 'America Forward,' Stockpile Critical Minerals

Roth MKM analyst Joe Reagor maintains Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) with a Buy and raises the price target from $8 to $8.5.

Roth MKM Maintains Buy on Coeur Mining, Raises Price Target to $8.5

Shares of gold companies are trading higher after the price of the commodity reached all-time highs following last week's Fed rate cut.

BMO Capital analyst Kevin O'Halloran maintains Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) with a Outperform and raises the price target from $7.5 to $8.

BMO Capital Maintains Outperform on Coeur Mining, Raises Price Target to $8

Across the recent three months, 5 analysts have shared their insights on Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>), expressing a variety of opinions spanning from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $6.9, a high estimate of $8.00, and a low estimate of $5.75. This upward trend is evident, with the current average reflecting a 11.29% increase from the previous average price target of $6.20.
<img src="https://www.benzinga.com/files/images/story/2024/1726840863_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Coeur Mining among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$7.00</td>
<td>$6.25</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$6.25</td>
<td>$5.75</td>
</tr>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Raises</td>
<td>Buy</td>
<td>$8.00</td>
<td>$7.25</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$5.75</td>
<td>$5.00</td>
</tr>
<tr>
<td>Kevin O'Halloran</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$7.50</td>
<td>$6.75</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Coeur Mining. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Coeur Mining compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Coeur Mining's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into Coeur Mining's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CDE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coeur Mining analyst ratings.</a>
<h2>All You Need to Know About Coeur Mining</h2>
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.
<h3>Financial Milestones: Coeur Mining's Journey</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Coeur Mining displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 25.27%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 0.64%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Coeur Mining's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.14%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Coeur Mining's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.07%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a high debt-to-equity ratio of 0.62, Coeur Mining faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>Analyst Ratings: Simplified</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: Coeur Mining Through The Eyes Of 5 Analysts

Cantor Fitzgerald upgraded Coeur Mining (CDE) to Speculative Buy from Hold with an unchanged price target of $7.25, following Q3 results the firm w...

Coeur Mining upgraded to Speculative Buy at Cantor Fitzgerald after earnings

Cantor Fitzgerald analyst Mike Kozak upgraded Coeur Mining (CDE) to Speculative Buy from Hold with an unchanged price target of $7.25. Published fi...

Coeur Mining upgraded to Speculative Buy from Hold at Cantor Fitzgerald

Canaccord raised the firm's price target on Coeur Mining (CDE) to $9.50 from $9 and keeps a Buy rating on the shares. The firm said they delivered ...

Coeur Mining price target raised to $9.50 from $9 at Canaccord

Bullish option flow detected in Coeur Mining (CDE) with 6,286 calls trading, 2x expected, and implied vol increasing almost 5 points to 67.51%. Mar...

Coeur Mining call volume above normal and directionally bullish

RBC Capital analyst Michael Siperco maintained a Buy rating on Coeur Mining (CDE – Research Report) on November 11 and set a price target of $8.00....

RBC Capital Keeps Their Buy Rating on Coeur Mining (CDE)

SilverCrest Metals: Another Impressive Quarter With Record Revenues

Bullish option flow detected in Coeur Mining (CDE) with 2,593 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 66.94%. D...

Coeur Mining's (CDE) third-quarter results easily beat analysts' expectations. While its strategic initiatives are fueling its production and revenue levels with higher margins, the stock has remained volatile. So, should you invest in this stock today? Read more to find out... Coeur Mining, Inc. (<a href="https://stocknews.com/stock/CDE/">CDE</a>) is a well-diversified, growing precious metals producer that specializes in silver mining. The company has four wholly-owned operations: the Palmarejo gold-silver complex in Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska, and the Wharf gold mine in South Dakota.
The company's subsidiary recently entered into a definitive agreement to acquire SilverCrest Metals Inc. The addition of SilverCrest's Las Chispas mine is expected to generate peer-leading 2025 silver production of approximately 21 million ounces. Also, CDE announced key milestones and achievements at the expanded Rochester mine and reaffirmed its full-year silver and gold production ranges.
During the third quarter, Coeur reported higher production at all four of its operations, which drove a 21% increase in gold production and a 15% increase in silver production. Gold production totaled 94,993 ounces, and silver production was 3.0 million ounces respectively. Its costs to sales per gold and silver ounce also declined 12% compared to the prior quarter, leading to higher margins.
The company's expanding operations and strategic initiatives have positioned it as a strong performer in the market with significant growth in the future. Coeur Mining's increasing production capabilities and facilities are boosting its prospects. This is further accelerated by the optimistic outlook of the market demand for silver.
The ongoing industrial demand and a recovery in jewelry and silverware are likely to surge silver demand to <a href="https://silverinstitute.org/global-industrial-demand-on-track-for-a-new-record-high-in-2024/#:~:text=Global%20silver%20demand%20is%20expected,year%2C%20led%20by%20industrial%20applications.">1.21 billion ounces in 2024</a>, while mine supply is expected to rise by 1%. Also, silver prices are expected to surge above their previous levels in the coming six to twelve months, reaching over <a href="https://www.cnbctv18.com/market/commodities/silver-outperforms-gold-in-2024-michael-dirienzo-predicts-continued-momentum-19497099.htm">$40 to $42 per ounce</a>.
Shares of CDE have gained 12.6% over the past six months and 142.9% over the past year to close its last trading session at $6.63. However, the stock has declined 11.2% over the past month.
Let's look at factors that could influence CDE's performance in the upcoming months.
Recent Developments
On October 4, CDE and SilverCrest Metals Inc. (SILV) entered into a definitive agreement whereby a wholly-owned subsidiary of CDE will acquire all of the issued and outstanding shares of SilverCrest. The addition of the Las Chispas mine, one of the world's lowest-cost and highest-grade silver/gold operations, is expected to produce 21 million ounces of silver annually.
The strategic acquisition will bode well with CDE's operations by adding world-class Las Chispas operations to its portfolio, significantly increasing its free cash flow, and accelerating Coeur's deleveraging initiatives.
Robust Financials
For the third quarter that ended September 30, 2024, CDE's revenue increased 61.1% year-over-year to $313.48 million. The company's adjusted net income came in at $47.16 million or $0.12 per share, against a net loss of $18.62 million and $0.05 per share during the prior year's quarter, respectively.
Furthermore, the company's adjusted EBITDA of $126.04 million indicates growth of 311.2% year-over-year. And the company's free cash flow for the quarter was $69.08 million.
As of September 30, 2024, CDE's total assets stood at $2.23 billion, compared to $2.08 billion as of December 31, 2023.
Favorable Analyst Estimates
Analysts expect CDE's revenue for the fourth quarter (ending December 2024) to come in at $315.75 million, indicating an increase of 20.5% year-over-year. The consensus EPS for the same quarter is expected to be $0.16. Moreover, the company has surpassed the consensus revenue estimates in three of the trailing four quarters.
For the fiscal year (ending December 2025), the company's revenue and EPS are anticipated to grow 30.4% and 305.5% year-over-year to $1.40 billion and $0.67, respectively.
Strong Profitability
CDE's trailing 12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a> of 30.76% is 6.3% higher than the 28.94% industry average. Its trailing-12-month EBITDA margin of 22.45% is 36.7% higher than the industry average of 16.42%. And the stock's trailing-12-month CAPEX/Sales of 22.58% is significantly higher than the industry average of 7.65%.
Mixed Valuation
In terms of forward non-GAAP P/E, CDE is currently trading at 40.43x, 129.8% higher than the industry average of 17.60x but it is 51.2% below its five-year average. Also, the stock's forward EV/Sales and Price/Sales of 2.96x and 2.46x are considerably higher than the industry average of 1.74x and 1.39x, respectively.
Additionally, the stock's forward EV/EBITDA and Price/Cash Flow of 9.84x and 13.53x are 10.6% and 35.1% higher than the industry averages of 8.89x and 10.02x, respectively.
POWR Ratings Reflect Uncertainty
CDE's mixed fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of C, equating to a Neutral in our proprietary system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. CDE has an A grade for Growth, which is consistent with its strong financial performance in the last reported quarter.
However, the stock has a C grade for Value, justified by its mixed valuation. Also, with a five-year beta of 1.65, the stock has earned a grade of D for Stability.
Within the <a href="https://stocknews.com/category/diversified-miners/">Miners - Diversified</a> industry, CDE is ranked #11 out of 40 stocks.
Beyond what is stated above, we have also given CDE grades for Momentum, Sentiment, and Quality. Get access to all the CDE ratings <a href="https://stocknews.com/stock/CDE/">here</a>.
Bottom Line
CDE reported strong earnings in the third quarter of fiscal 2024. The company is continuously expanding its reach into different geographies through strategic acquisitions. It is also investing and strategizing to enhance the capabilities of its facilities. These efforts have resulted in impressive growth in its production levels.
Also, with the silver market outperforming other precious metals like Gold and others, the company's future appears promising.
However, given the stock's current elevated valuation, it could be wise for investors to watch how its initiatives unfold and wait for a better entry point into the stock.
Stocks to Consider Instead of Coeur Mining, Inc. (CDE)
CDE has an overall POWR Rating of C, equating to a Neutral rating. You may check out these A-rated stocks within the <a href="https://stocknews.com/category/diversified-miners/">Miners - Diversified</a> industry: Amerigo Resources Ltd. (<a href="https://stocknews.com/stock/ARREF/">ARREF</a>), Fortescue Metals Group Ltd. ADR (<a href="https://stocknews.com/stock/FSUGY/">FSUGY</a>), and Labrador Iron Ore Royalty Corp (<a href="https://stocknews.com/stock/LIFZF/">LIFZF</a>).
For exploring more Buy-rated Miners - Diversified stocks, <a href="https://stocknews.com/category/diversified-miners/">click here</a>.
What To Do Next?
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<hr />
CDE shares were trading at $6.75 per share on Friday morning, up $0.12 (+1.81%). Year-to-date, CDE has gained 107.06%, versus a 26.10% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/cde-arref-fsugy-lifzf-couer-minings-silver-prospects-is-cde-a-hidden-gem-in/>Couer Mining's Silver Prospects: Is CDE a Hidden Gem in the Mining Sector?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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