The President & CEO of Coeur Mining (CDE) is Buying Shares


Today, the President & CEO of Coeur Mining (NYSE: CDE), Mitchell Krebs, bought shares of CDE for $66.1K.

Following Mitchell Krebs’ last CDE Buy transaction on September 04, 2015, the stock climbed by 3.6%. Following this transaction Mitchell Krebs’ holding in the company was increased by 1.35% to a total of $4.87 million.

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Currently, Coeur Mining has an average volume of 1.7M.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $9.69, reflecting a -33.6% downside. Nine different firms, including BMO Capital and Canaccord Genuity, currently also have a Buy rating on the stock.

The insider sentiment on Coeur Mining has been neutral according to 53 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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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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