In a report released today, Adam Graf from B.Riley FBR maintained a Hold rating on Coeur Mining (CDE), with a price target of $7.80. The company’s shares closed last Monday at $5.05.
According to TipRanks.com, Graf is a 2-star analyst with an average return of 0.0% and a 37.9% success rate. Graf covers the Basic Materials sector, focusing on stocks such as Gold Standard Ventures, First Majestic Silver, and Hecla Mining Company.
Currently, the analyst consensus on Coeur Mining is a Hold with an average price target of $6.14, representing a 20.4% upside. In a report released yesterday, Roth Capital also upgraded the stock to Hold with a $5.50 price target.
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The company has a one-year high of $8.29 and a one-year low of $2.78. Currently, Coeur Mining has an average volume of 5.49M.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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, Rochester, Kensington, Wharf and Silvertip.
