CDE Stock Summary and Trading Ideas (Coeur Mining | NYSE:CDE)

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.

Coeur Mining trades on the NYSE stock market under the symbol CDE.

As of April 16, 2024, CDE stock price declined to $4.39 with 6,349,791 million shares trading.

CDE has a beta of 1.27, meaning it tends to be more sensitive to market movements. CDE has a correlation of 0.06 to the broad based SPY ETF.

CDE has a market cap of $1.75 billion. This is considered a Small Cap stock.

Last quarter Coeur Mining reported $262 million in Revenue and -$.02 earnings per share. This beat revenue expectation by $14 million and missed earnings estimates by -$.02.

In the last 3 years, CDE stock traded as high as $11.14 and as low as $2.00.

The top ETF exchange traded funds that CDE belongs to (by Net Assets): GDX, XME, GDXJ, SILJ, SIL.

CDE stock has underperformed the market in the last year with a return of +7.9%, while SPY returned +24.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CDE shares. However, CDE has outperformed the market in the last 3 month and 2 week periods, returning +52.4% and +5.0%, while SPY returned +6.2% and -3.4%, respectively. This indicates CDE has been having a stronger performance recently.

CDE support price is $4.20 and resistance is $4.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CDE stock will trade within this expected range on the day.