Coeur Mining (CDE) Set to Announce Earnings on Wednesday

Coeur Mining (NYSE:CDE) will be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Coeur Mining to post earnings of ($0.02) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Wednesday, February 21st. The basic materials company reported ($0.02) EPS for the quarter. Coeur Mining had a negative net margin of 12.62% and a negative return on equity of 7.79%. The company had revenue of $262.10 million for the quarter. On average, analysts expect Coeur Mining to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Coeur Mining Stock Down 0.6 %

Shares of CDE stock opened at $4.91 on Tuesday. The stock’s 50 day simple moving average is $3.70 and its 200 day simple moving average is $3.12. Coeur Mining has a twelve month low of $2.00 and a twelve month high of $5.47. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.38 and a current ratio of 0.92. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of -15.84 and a beta of 1.82.

Analyst Upgrades and Downgrades

CDE has been the topic of a number of recent analyst reports. Roth Capital reissued a “buy” rating on shares of Coeur Mining in a research report on Tuesday, April 9th. Roth Mkm assumed coverage on shares of Coeur Mining in a research report on Tuesday, April 9th. They set a “buy” rating and a $5.40 target price for the company. BMO Capital Markets upped their price target on shares of Coeur Mining from $3.50 to $4.25 and gave the company a “market perform” rating in a report on Wednesday, April 10th. Raymond James lifted their price objective on Coeur Mining from $3.75 to $4.00 and gave the stock a “market perform” rating in a research note on Monday, April 8th. Finally, National Bank Financial restated an “outperform spec market weight” rating on shares of Coeur Mining in a research note on Monday, April 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $4.21.

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.