Coeur Mining (CDE) Scheduled to Post Earnings on Wednesday

Coeur Mining (NYSE:CDE) will be posting its earnings results after the market closes on Wednesday, November 6th. Analysts expect Coeur Mining to post earnings of $0.07 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Coeur Mining (NYSE:CDE) last released its quarterly earnings results on Wednesday, August 7th. The basic materials company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $222.03 million for the quarter, compared to the consensus estimate of $242.18 million. Coeur Mining had a negative return on equity of 4.59% and a negative net margin of 8.33%. The company’s revenue for the quarter was up 25.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.06) earnings per share. On average, analysts expect Coeur Mining to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Coeur Mining Price Performance

Shares of NYSE:CDE opened at $6.97 on Wednesday. The stock has a market cap of $2.78 billion, a PE ratio of -22.48 and a beta of 1.65. Coeur Mining has a 52 week low of $2.00 and a 52 week high of $7.72. The company’s fifty day moving average is $6.56 and its 200 day moving average is $5.93. The company has a quick ratio of 0.45, a current ratio of 1.20 and a debt-to-equity ratio of 0.59.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CDE shares. Cantor Fitzgerald cut shares of Coeur Mining from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 8th. BMO Capital Markets increased their price target on shares of Coeur Mining from $7.50 to $8.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Raymond James upped their price target on Coeur Mining from $6.25 to $7.00 and gave the stock a “market perform” rating in a research note on Friday, September 20th. Canaccord Genuity Group boosted their price target on Coeur Mining from $7.00 to $7.75 and gave the stock a “buy” rating in a research note on Tuesday, October 8th. Finally, Roth Mkm boosted their price objective on shares of Coeur Mining from $8.00 to $8.50 and gave the company a “buy” rating in a report on Wednesday, September 25th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Coeur Mining currently has a consensus rating of “Moderate Buy” and an average price target of $7.81.

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.