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 January 30, 2025, CDE stock price climbed to $6.85 with 12,977,651 million shares trading.

CDE has a beta of 2.70, meaning it tends to be more sensitive to market movements. CDE has a correlation of 0.29 to the broad based SPY ETF.

CDE has a market cap of $2.74 billion. This is considered a Mid Cap stock.

Last quarter Coeur Mining reported $313 million in Revenue and $.12 earnings per share. This beat revenue expectation by $24 million and exceeded earnings estimates by $.05.

In the last 3 years, CDE traded as high as $7.72 and as low as $2.00.

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

CDE has outperformed the market in the last year with a price return of +150.0% while the SPY ETF gained +24.7%. However, in the short term, CDE had mixed performance relative to the market. It has underperformed in the last 3 months, returning +0.4% vs +4.7% return in SPY. But in the last 2 weeks, CDE shares have fared better than the market returning +10.7% compared to SPY +2.3%.

CDE support price is $6.11 and resistance is $6.61 (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 shares will trade within this expected range on the day.