Coeur Mining (NYSE:CDE) posted its quarterly earnings results on Wednesday, April 25th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02, reports. Coeur Mining had a negative return on equity of 0.77% and a negative net margin of 2.58%. The business had revenue of $163.30 million for the quarter, compared to analysts’ expectations of $167.12 million. During the same quarter last year, the business earned $0.04 earnings per share. The firm’s quarterly revenue was down 12.0% compared to the same quarter last year.
NYSE:CDE traded up $0.11 during trading hours on Friday, hitting $8.37. 49,679 shares of the company’s stock traded hands, compared to its average volume of 3,198,750. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.25 and a current ratio of 2.05. Coeur Mining has a 52 week low of $7.99 and a 52 week high of $8.07. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 419.00 and a beta of 0.59.
In other Coeur Mining news, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $7.97, for a total transaction of $79,700.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Frank L. Jr. Hanagarne sold 5,267 shares of the business’s stock in a transaction that occurred on Wednesday, April 11th. The stock was sold at an average price of $8.50, for a total value of $44,769.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 42,541 shares of company stock valued at $344,198. Corporate insiders own 1.32% of the company’s stock.
Coeur Mining Company Profile
Coeur Mining, Inc owns, operates, explores for, and develops silver and gold properties. It holds interests in the Palmarejo silver-gold complex located in Mexico; the Silvertip silver-zinc-lead mine located in British Columbia; the Rochester silver-gold mine located in Nevada; the Kensington gold mine located in Alaska; and the Wharf gold mine located in South Dakota.
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