Coeur Mining Receives a Buy from BMO Capital


BMO Capital analyst Ryan Thompson maintained a Buy rating on Coeur Mining (NYSE: CDE) today and set a price target of $10.50. The company’s shares opened today at $8.27.

Thompson has an average return of 9.5% when recommending Coeur Mining.

According to TipRanks.com, Thompson is ranked #2577 out of 4836 analysts.

The the analyst consensus on Coeur Mining is currently a Moderate Buy rating.

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Based on Coeur Mining’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $284K. In comparison, last year the company had a GAAP net loss of $10.96 million.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is neutral on the stock.

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Coeur Mining, Inc. engages in the exploration and development of silver and gold mining properties and mines located in United States, Mexico, Bolivia, Argentina and Australia. The company operates through the following segments: Palmarejo complex, San Bartolome, Rochester, Kensington, Wharf and Silvertip.

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