Coeur Mining, Inc. (NYSE:CDE) Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lessened its holdings in shares of Coeur Mining, Inc. (NYSE:CDE) by 60.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,063 shares of the basic materials company’s stock after selling 13,822 shares during the period. Banque Cantonale Vaudoise’s holdings in Coeur Mining were worth $62,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. grew its stake in shares of Coeur Mining by 32.4% during the 1st quarter. Russell Investments Group Ltd. now owns 24,337 shares of the basic materials company’s stock worth $92,000 after purchasing an additional 5,956 shares during the period. ProShare Advisors LLC grew its position in Coeur Mining by 17.6% during the first quarter. ProShare Advisors LLC now owns 64,488 shares of the basic materials company’s stock worth $243,000 after buying an additional 9,648 shares during the period. American International Group Inc. increased its holdings in Coeur Mining by 7.4% in the first quarter. American International Group Inc. now owns 176,892 shares of the basic materials company’s stock valued at $667,000 after buying an additional 12,211 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Coeur Mining by 6.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 333,840 shares of the basic materials company’s stock valued at $1,259,000 after acquiring an additional 19,222 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Coeur Mining by 18.5% during the 1st quarter. Janus Henderson Group PLC now owns 2,723,185 shares of the basic materials company’s stock worth $10,254,000 after acquiring an additional 424,835 shares in the last quarter. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Coeur Mining Trading Down 0.9 %

Shares of CDE opened at $6.57 on Friday. Coeur Mining, Inc. has a fifty-two week low of $2.42 and a fifty-two week high of $7.72. The company has a market capitalization of $2.62 billion, a PE ratio of -218.93 and a beta of 1.65. The stock has a fifty day moving average of $6.68 and a two-hundred day moving average of $6.14. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.39 and a current ratio of 1.09.

Coeur Mining (NYSE:CDE) last released its earnings results on Wednesday, November 6th. The basic materials company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $313.50 million during the quarter, compared to analyst estimates of $289.19 million. Coeur Mining had a positive return on equity of 1.78% and a negative net margin of 0.44%. The business’s quarterly revenue was up 61.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.05) earnings per share. As a group, analysts forecast that Coeur Mining, Inc. will post 0.15 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CDE shares. Canaccord Genuity Group lifted their price objective on Coeur Mining from $7.00 to $7.75 and gave the stock a “buy” rating in a report on Tuesday, October 8th. BMO Capital Markets lifted their price target on Coeur Mining from $7.50 to $8.00 and gave the stock an “outperform” rating in a research note on Monday, September 23rd. Roth Mkm reissued a “buy” rating and issued a $8.50 price objective (down from $9.00) on shares of Coeur Mining in a research note on Friday, November 8th. StockNews.com upgraded shares of Coeur Mining from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Finally, Cantor Fitzgerald upgraded shares of Coeur Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $7.81.

About Coeur Mining

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.