Brokerages expect Coeur Mining (NYSE:CDE) to announce ($0.04) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Coeur Mining’s earnings. The lowest EPS estimate is ($0.07) and the highest is ($0.02). Coeur Mining reported earnings per share of $0.10 in the same quarter last year, which suggests a negative year over year growth rate of 140%. The company is expected to report its next quarterly earnings report after the market closes on Wednesday, April 25th.
According to Zacks, analysts expect that Coeur Mining will report full year earnings of $0.07 per share for the current fiscal year, with EPS estimates ranging from $0.02 to $0.11. For the next year, analysts forecast that the company will report earnings of $0.62 per share, with EPS estimates ranging from $0.35 to $0.91. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Coeur Mining.
Coeur Mining (NYSE:CDE) last announced its quarterly earnings data on Wednesday, February 7th. The basic materials company reported $0.08 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.08. The firm had revenue of $214.60 million during the quarter, compared to analysts’ expectations of $228.64 million. Coeur Mining had a positive return on equity of 1.51% and a negative net margin of 0.17%. The company’s quarterly revenue was up 54.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 EPS.
In other news, COO Frank L. Jr. Hanagarne sold 5,267 shares of the business’s stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of $8.50, for a total value of $44,769.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Peter C. Mitchell sold 10,000 shares of the business’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $7.97, for a total value of $79,700.00. The disclosure for this sale can be found here. Insiders sold a total of 25,267 shares of company stock worth $205,970 in the last quarter. Corporate insiders own 1.32% of the company’s stock.
Several large investors have recently made changes to their positions in the company. Raymond James & Associates acquired a new position in Coeur Mining during the 4th quarter worth approximately $133,000. Xact Kapitalforvaltning AB bought a new position in Coeur Mining during the fourth quarter valued at $166,000. Stone Ridge Asset Management LLC bought a new position in Coeur Mining during the fourth quarter valued at $180,000. SG Americas Securities LLC purchased a new stake in shares of Coeur Mining during the third quarter worth $266,000. Finally, Koch Industries Inc. purchased a new stake in shares of Coeur Mining during the fourth quarter worth $239,000. 75.10% of the stock is currently owned by institutional investors.
NYSE CDE traded down $0.06 during midday trading on Tuesday, hitting $8.75. The company had a trading volume of 2,213,181 shares, compared to its average volume of 2,779,352. Coeur Mining has a twelve month low of $6.71 and a twelve month high of $9.98. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.97 and a quick ratio of 1.39. The stock has a market capitalization of $1,622.62, a PE ratio of 437.50 and a beta of 0.54.
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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