Coeur Mining, Inc. $CDE Shares Bought by Navellier & Associates Inc.

Navellier & Associates Inc. raised its position in shares of Coeur Mining, Inc. (NYSE:CDE) by 337.4% in the third quarter, Holdings Channel.com reports. The fund owned 181,721 shares of the basic materials company’s stock after acquiring an additional 140,173 shares during the quarter. Navellier & Associates Inc.’s holdings in Coeur Mining were worth $3,409,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC raised its stake in Coeur Mining by 2.3% in the 3rd quarter. Savant Capital LLC now owns 46,551 shares of the basic materials company’s stock valued at $873,000 after purchasing an additional 1,066 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in shares of Coeur Mining by 1.8% in the second quarter. Ameritas Investment Partners Inc. now owns 65,416 shares of the basic materials company’s stock valued at $580,000 after buying an additional 1,183 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Coeur Mining by 74.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,368 shares of the basic materials company’s stock worth $30,000 after buying an additional 1,435 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Coeur Mining by 7.2% in the second quarter. Janney Montgomery Scott LLC now owns 23,702 shares of the basic materials company’s stock worth $210,000 after buying an additional 1,602 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in Coeur Mining by 0.3% during the second quarter. California State Teachers Retirement System now owns 590,900 shares of the basic materials company’s stock worth $5,235,000 after acquiring an additional 1,774 shares during the last quarter. 63.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on CDE shares. Roth Mkm boosted their target price on Coeur Mining from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, December 15th. TD Cowen raised Coeur Mining to a “strong-buy” rating in a research note on Monday, December 1st. Weiss Ratings cut Coeur Mining from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 29th. Wall Street Zen upgraded Coeur Mining from a “hold” rating to a “buy” rating in a report on Sunday, December 21st. Finally, Raymond James Financial set a $21.00 price target on shares of Coeur Mining in a research report on Thursday, October 30th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Coeur Mining has a consensus rating of “Buy” and an average price target of $18.17.

Coeur Mining Stock Performance

Shares of Coeur Mining stock opened at $23.08 on Tuesday. The business’s fifty day simple moving average is $19.80 and its 200-day simple moving average is $16.87. The company has a quick ratio of 1.10, a current ratio of 2.00 and a debt-to-equity ratio of 0.11. The firm has a market cap of $14.82 billion, a PE ratio of 34.97 and a beta of 1.21. Coeur Mining, Inc. has a 52 week low of $4.58 and a 52 week high of $27.77.

Coeur Mining Company Profile

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.