Coeur Mining Inc (CDE) COO Frank L. Jr. Hanagarne Sells 5,684 Shares

Coeur Mining Inc (NYSE:CDE) COO Frank L. Jr. Hanagarne sold 5,684 shares of Coeur Mining stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $8.50, for a total value of $48,314.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Coeur Mining Inc (NYSE CDE) opened at $8.60 on Wednesday. The stock has a market capitalization of $1,587.22, a price-to-earnings ratio of -107.49 and a beta of 0.38. Coeur Mining Inc has a 1-year low of $6.71 and a 1-year high of $12.30. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 0.36.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Wednesday, October 25th. The basic materials company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.17). The firm had revenue of $176.00 million for the quarter, compared to analyst estimates of $185.09 million. Coeur Mining had a negative return on equity of 1.37% and a negative net margin of 2.41%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 earnings per share. analysts predict that Coeur Mining Inc will post -0.05 EPS for the current year.

A number of research firms recently weighed in on CDE. Noble Financial restated a “hold” rating on shares of Coeur Mining in a research note on Thursday, January 11th. Royal Bank of Canada restated a “buy” rating on shares of Coeur Mining in a research note on Wednesday, September 27th. Zacks Investment Research downgraded Coeur Mining from a “hold” rating to a “sell” rating in a research note on Thursday, January 11th. Roth Capital decreased their price target on Coeur Mining from $12.50 to $10.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Finally, BMO Capital Markets began coverage on Coeur Mining in a research note on Friday, November 17th. They issued an “outperform” rating and a $10.50 price target on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $10.29.

A number of hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp raised its holdings in Coeur Mining by 46.8% during the second quarter. Van ECK Associates Corp now owns 18,611,685 shares of the basic materials company’s stock worth $159,688,000 after purchasing an additional 5,933,383 shares during the last quarter. GMT Capital Corp raised its holdings in Coeur Mining by 5.1% during the second quarter. GMT Capital Corp now owns 12,348,689 shares of the basic materials company’s stock worth $96,690,000 after purchasing an additional 600,900 shares during the last quarter. BlackRock Inc. raised its holdings in Coeur Mining by 1.3% during the second quarter. BlackRock Inc. now owns 11,688,139 shares of the basic materials company’s stock worth $100,285,000 after purchasing an additional 149,548 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Coeur Mining by 29.5% during the third quarter. Dimensional Fund Advisors LP now owns 6,029,110 shares of the basic materials company’s stock worth $55,408,000 after purchasing an additional 1,374,250 shares during the last quarter. Finally, Investec Asset Management LTD raised its holdings in Coeur Mining by 0.5% during the third quarter. Investec Asset Management LTD now owns 3,375,037 shares of the basic materials company’s stock worth $31,017,000 after purchasing an additional 18,285 shares during the last quarter. 69.73% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: This story was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://stocknewstimes.com/2018/01/17/coeur-mining-inc-cde-coo-frank-l-jr-hanagarne-sells-5684-shares.html.

Coeur Mining Company Profile

Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.

Insider Buying and Selling by Quarter for Coeur Mining (NYSE:CDE)

Receive News & Ratings for Coeur Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coeur Mining and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply