In a report issued on August 30, Mark Reichman from Noble Financial maintained a Buy rating on Coeur Mining (NYSE: CDE). The company’s shares closed yesterday at $5.68, close to its 52-week low of $5.29.
According to TipRanks.com, Reichman is ranked 0 out of 5 stars with an average return of -15.0% and a 18.2% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Great Panther Silver, and Avino Silver & Gold.
Currently, the analyst consensus on Coeur Mining is a Strong Buy with an average price target of $10.08.
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The company has a one-year high of $9.87 and a one-year low of $5.29. Currently, Coeur Mining has an average volume of 2.79M.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CDE in relation to earlier this year.
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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.
