Noble Financial Reiterates Their Hold Rating on Coeur Mining

By Jason Carr

Noble Financial analyst Michael Heim reiterated a Hold rating on Coeur Mining (NYSE: CDE) yesterday. The company’s shares closed yesterday at $8.22, close to its 52-week high of $16.41.

According to TipRanks.com, Heim is ranked 0 out of 5 stars with an average return of -14.0% and a 40.0% success rate. Heim covers the Basic Materials sector, focusing on stocks such as Magellan Petroleum Corp, Miller Energy Resources, and Endeavour Silver Corp.

Coeur Mining has an analyst consensus of Strong Buy, with a price target consensus of $12.

Coeur Mining’s market cap is currently $1.49B and has a P/E ratio of 19.88. The company has a book value ratio of 1.9182.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is neutral on the stock. Most recently, in May 2017, Robert Mellor, the Chairman (non-executive) of CDE bought 1,000 shares for a total of $8,520.

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Coeur Mining, Inc. engages in the exploration and development of silver and gold mining properties and mines located in United States, Mexico, Bolivia, Argentina and Australia. The company operates through the following segments: Palmarejo complex, San Bartolome, Rochester, Kensington, Wharf and Coeur Capital.