Coeur Mining (CDE) Set to Announce Quarterly Earnings on Wednesday

Coeur Mining (NYSE:CDE) will be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Coeur Mining to post earnings of ($0.02) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings results on Wednesday, February 21st. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter. Coeur Mining had a negative net margin of 12.62% and a negative return on equity of 7.79%. The company had revenue of $262.10 million for the quarter.

Coeur Mining Trading Up 8.3 %

Shares of Coeur Mining stock opened at $4.62 on Wednesday. The company has a current ratio of 0.92, a quick ratio of 0.38 and a debt-to-equity ratio of 0.51. Coeur Mining has a 12-month low of $2.00 and a 12-month high of $5.47. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of -14.89 and a beta of 1.82. The firm’s 50 day simple moving average is $3.53 and its two-hundred day simple moving average is $3.05.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Roth Mkm assumed coverage on shares of Coeur Mining in a research note on Tuesday, April 9th. They set a “buy” rating and a $5.40 price target on the stock. Raymond James increased their price objective on shares of Coeur Mining from $3.75 to $4.00 and gave the stock a “market perform” rating in a research note on Monday, April 8th. Roth Capital reiterated a “buy” rating on shares of Coeur Mining in a research note on Tuesday, April 9th. BMO Capital Markets increased their price objective on shares of Coeur Mining from $3.50 to $4.25 and gave the stock a “market perform” rating in a research note on Wednesday, April 10th. Finally, National Bank Financial reiterated an “outperform spec market weight” rating on shares of Coeur Mining in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $4.21.

Coeur Mining Company Profile

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.