Coeur Mining (CDE) Scheduled to Post Quarterly Earnings on Wednesday

Coeur Mining (NYSE:CDE) will be issuing its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Coeur Mining Stock Down 4.9 %

Shares of CDE opened at $5.23 on Tuesday. The company has a 50-day simple moving average of $5.93 and a 200-day simple moving average of $4.53. The firm has a market capitalization of $2.09 billion, a P/E ratio of -16.87 and a beta of 1.60. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.43 and a current ratio of 0.99. Coeur Mining has a 52 week low of $2.00 and a 52 week high of $6.82.

Wall Street Analyst Weigh In

CDE has been the subject of a number of research analyst reports. BMO Capital Markets upped their price objective on shares of Coeur Mining from $6.75 to $7.50 and gave the company an “outperform” rating in a research report on Friday, July 12th. Raymond James increased their price target on shares of Coeur Mining from $5.00 to $5.75 and gave the stock a “market perform” rating in a research report on Wednesday, July 17th. Roth Mkm assumed coverage on shares of Coeur Mining in a research report on Tuesday, April 9th. They issued a “buy” rating and a $5.40 price target for the company. Roth Capital reissued a “buy” rating on shares of Coeur Mining in a research report on Tuesday, April 9th. Finally, National Bank Financial reissued an “outperform spec market weight” rating on shares of Coeur Mining in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, Coeur Mining presently has an average rating of “Moderate Buy” and an average target price of $5.66.

About Coeur Mining

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. 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, Inc in May 2013.