| Can Coeur Mining (CDE) Run Higher on Strong Earnings Estimate Revisions? - Tale of the Tape | |
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Coeur Mining, Inc. (CDE) is a silver and gold mining firm that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CDE’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Coeur Mining could be a solid choice for investors.
Current Quarter Estimates for CDE
In the past 30 days, 3 estimates have gone higher for Coeur Mining while 2 have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 33 cents a share 30 days ago, to a loss of 31 cents today, a move of 6.1%.
Current Year Estimates for CDE
Meanwhile, Coeur Mining’s current year figures are also looking quite promising. The consensus estimate trend has seen a boost for this time frame, narrowing from a loss of $1.05 per share 30 days ago to a loss of 84 cents per share today, an increase of 20%.
Bottom Line
The stock has also started to move higher lately, adding 11.3% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report COEUR MINING (CDE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Coeur d'Alene Mines Corporation
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PRODUCER |
CODE : CDE |
ISIN : US1921085049 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Coeur d'Alène is a silver and gold producing company based in United states of america. Coeur d'Alène produces silver, gold, copper, lead and zinc in Argentina, in Australia, in Bolivia, in Mexico and in USA, develops gold and silver in Argentina and in Bolivia, and holds various exploration projects in Mexico. Its main assets in production are ROCHESTER MINE - NEVADA PACKARD in USA, ENDEAVOR and BROKEN HILL in Australia, PALMAREJO in Mexico, MARTHA MINE in Argentina and SAN BARTOLOME in Bolivia, its main assets in development are ROCHESTER and KENSINGTON in Bolivia and JOAQUIN in Argentina and its main exploration properties are KENSINGTON/JUALIN in Argentina, LAKE VICTORIA GOLD BELT in Tanzania and EL REALITO, GUADALUPE and LA PATRIA in Mexico. Coeur d'Alène is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 843.8 millions as of today (€ 788.2 millions). Its stock quote reached its highest recent level on November 21, 1997 at US$ 99.38, and its lowest recent point on January 22, 2016 at US$ 1.62. Coeur d'Alène has 185 442 526 shares outstanding. |