FY2025 Earnings Forecast for Coeur Mining, Inc. (NYSE:CDE) Issued By Cormark

Coeur Mining, Inc. (NYSE:CDE) – Investment analysts at Cormark lifted their FY2025 EPS estimates for shares of Coeur Mining in a report released on Thursday, August 8th. Cormark analyst R. Gray now forecasts that the basic materials company will post earnings per share of $0.55 for the year, up from their previous estimate of $0.40. The consensus estimate for Coeur Mining’s current full-year earnings is $0.08 per share.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings results on Wednesday, August 7th. The basic materials company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $222.03 million during the quarter, compared to analyst estimates of $242.18 million. Coeur Mining had a negative net margin of 12.77% and a negative return on equity of 6.28%. Coeur Mining’s revenue for the quarter was up 25.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.06) earnings per share.

Several other analysts have also recently weighed in on CDE. Roth Mkm reissued a “buy” rating and set a $8.00 price objective (up from $7.25) on shares of Coeur Mining in a report on Friday, August 9th. Raymond James boosted their price target on shares of Coeur Mining from $5.75 to $6.25 and gave the stock a “market perform” rating in a research note on Friday, August 9th. Cantor Fitzgerald cut shares of Coeur Mining from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 8th. Finally, BMO Capital Markets lifted their target price on shares of Coeur Mining from $6.75 to $7.50 and gave the stock an “outperform” rating in a report on Friday, July 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $6.44.

Coeur Mining Trading Up 4.1 %

Shares of CDE opened at $5.78 on Monday. The stock’s fifty day simple moving average is $5.90 and its 200-day simple moving average is $4.67. The firm has a market capitalization of $2.31 billion, a PE ratio of -18.65 and a beta of 1.60. Coeur Mining has a 12-month low of $2.00 and a 12-month high of $6.82. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.55.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC lifted its position in shares of Coeur Mining by 831.5% in the second quarter. CWM LLC now owns 5,030 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 4,490 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in Coeur Mining during the 4th quarter worth about $33,000. Forum Financial Management LP acquired a new position in shares of Coeur Mining during the 4th quarter worth about $40,000. Ballentine Partners LLC bought a new position in shares of Coeur Mining in the 1st quarter valued at about $46,000. Finally, StoneX Group Inc. acquired a new stake in shares of Coeur Mining in the first quarter valued at about $49,000. 63.01% of the stock is owned by institutional investors and hedge funds.

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.