Noble Financial analyst Mark Reichman maintained a Buy rating on Coeur Mining (CDE) on October 14 and set a price target of $6.00. The company’s shares closed last Monday at $4.33.
According to TipRanks.com, Reichman is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -16.6% and a 15.8% 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 Moderate Buy with an average price target of $6.02.
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The company has a one-year high of $5.99 and a one-year low of $2.78. Currently, Coeur Mining has an average volume of 7.06M.
Based on the recent corporate insider activity of 52 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, San Bartolome, Rochester, Kensington, Wharf and Silvertip.
