Brokerages Set Coeur Mining, Inc. (NYSE:CDE) Price Target at $8.31

As of February 26th, 2025, Coeur Mining, Inc. (NYSE:CDE) has received an average rating of "Buy" from six research firms analyzing the stock. Out of these, five analysts provided a buy recommendation, while one rated it as a strong buy. The average price target set by brokerages over the past year stands at $8.31.

Recent comments on the performance of CDE shares have come from various analysts. For instance, on November 7th, Cantor Fitzgerald upgraded Coeur Mining's rating from "hold" to "strong buy." Meanwhile, BMO Capital Markets initiated coverage on February 18th with an "outperform" rating, setting a target price of $9.00. Additionally, Raymond James raised Coeur Mining’s rating from "market perform" to "outperform," while adjusting their price target down from $8.75 to $8.25 as per their report on February 21st. That same day, Roth MKM also lowered their target from $8.50 to $8.25 but maintained a "buy" rating for the company. Furthermore, StockNews.com upgraded Coeur Mining from a "sell" to a "hold" rating on November 8th.

Performance Overview of Coeur Mining

On a recent Friday, Coeur Mining's stock began trading at $5.09. The company has a market capitalization of $2.03 billion and a price-to-earnings (PE) ratio of 42.38. Coeur Mining has experienced a 1-year low of $2.42 and a high of $7.72, with a 50-day simple moving average at $6.26 and a 200-day average at $6.41. Its current ratio is 0.83, while the quick ratio stands at 0.39 and the debt-to-equity ratio is recorded at 0.50.

In their latest quarterly earnings report dated February 19th, Coeur Mining posted an earnings per share (EPS) of $0.11, matching analysts’ expectations. The company generated $305.40 million in revenue during the quarter, slightly below the consensus estimate of $314.32 million. Coeur Mining's net margin was noted at 5.59%, with a return on equity of 6.59%. Analysts predict that the company will achieve an EPS of 0.58 for the current fiscal year.

Institutional Investor Activity

There has been notable activity from institutional investors concerning Coeur Mining's shares recently. Forum Financial Management LP increased its stake in Coeur Mining by 58.2% during the fourth quarter, now holding 18,699 shares valued at $107,000 after adding 6,879 shares. The Public Employees Retirement System of Ohio also saw significant growth, boosting its stake by an overwhelming 3,685.4%, currently owning 181,131 shares worth approximately $1,036,000 after acquiring an additional 176,346 shares. Vise Technologies Inc. established a new position in Coeur Mining valued at around $66,000, while PharVision Advisers LLC made a new investment worth about $161,000. Furthermore, UBS AM enhanced its stake by 28.0%, owning 1,092,106 shares valued at $6,247,000 after purchasing an additional 238,688 shares. Presently, institutional investors control about 63.01% of Coeur Mining’s stock.

About Coeur Mining

Coeur Mining, Inc. primarily engages in the exploration of precious metals, focusing on gold, silver, zinc, and lead, across the United States, Canada, and Mexico. It markets and sells its mineral concentrates to third-party customers and smelters via off-take agreements. Originally called Coeur d'Alene Mines Corporation, the company rebranded itself to Coeur Mining, Inc in May 2013.

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