Coeur Mining (NYSE:CDE) Stock Rating Upgraded by Raymond James

Coeur Mining (NYSE:CDE) was upgraded by equities researchers at Raymond James from a “market perform” rating to an “outperform” rating in a report released on Friday, Marketbeat reports. The brokerage presently has a $8.25 target price on the basic materials company’s stock, down from their previous target price of $8.75. Raymond James’ target price would indicate a potential upside of 51.52% from the company’s previous close. Raymond James also issued estimates for Coeur Mining’s Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.12 EPS and Q4 2025 earnings at $0.12 EPS.

Several other equities research analysts also recently issued reports on CDE. StockNews.com raised Coeur Mining from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Cantor Fitzgerald raised Coeur Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. BMO Capital Markets started coverage on Coeur Mining in a research report on Tuesday, February 18th. They issued an “outperform” rating and a $9.00 price target on the stock. Cormark raised Coeur Mining to a “moderate buy” rating in a research report on Thursday. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $8.50 price target (down from $9.00) on shares of Coeur Mining in a research report on Friday, November 8th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Coeur Mining presently has an average rating of “Buy” and a consensus target price of $8.31.

Coeur Mining Trading Down 10.7 %

Coeur Mining stock opened at $5.45 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.39. The company has a market capitalization of $2.17 billion, a price-to-earnings ratio of 45.38 and a beta of 1.59. Coeur Mining has a one year low of $2.42 and a one year high of $7.72. The company’s fifty day moving average price is $6.31 and its two-hundred day moving average price is $6.40.

Coeur Mining (NYSE:CDE) last posted its earnings results on Wednesday, February 19th. The basic materials company reported $0.11 EPS for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $305.40 million for the quarter, compared to the consensus estimate of $314.32 million. Coeur Mining had a net margin of 5.59% and a return on equity of 6.59%. On average, analysts forecast that Coeur Mining will post 0.58 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Coeur Mining

Institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in Coeur Mining by 139.8% during the fourth quarter. GAMMA Investing LLC now owns 5,761 shares of the basic materials company’s stock worth $33,000 after buying an additional 3,359 shares in the last quarter. Quarry LP grew its position in Coeur Mining by 853.8% during the fourth quarter. Quarry LP now owns 6,667 shares of the basic materials company’s stock worth $38,000 after buying an additional 5,968 shares in the last quarter. Optiver Holding B.V. grew its position in Coeur Mining by 150.5% during the fourth quarter. Optiver Holding B.V. now owns 8,160 shares of the basic materials company’s stock worth $47,000 after buying an additional 4,903 shares in the last quarter. CWM LLC grew its position in Coeur Mining by 93.2% during the third quarter. CWM LLC now owns 9,716 shares of the basic materials company’s stock worth $67,000 after buying an additional 4,686 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in Coeur Mining during the fourth quarter worth about $57,000. 63.01% of the stock is owned by institutional investors and hedge funds.

Coeur Mining Company Profile

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.