Coeur Mining Inc (NYSE: CDE) stock closed at $4.18 on 4/1/24 after a major increase of 10.9%. Moreover, unusually high trading volume at 173% of normal accompanied the advance. The stock has risen 22.9% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CDE is expected to continue to be a Value Builder.
Coeur Mining has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Coeur Mining has a neutral Appreciation Score of 49 but a good Power Rating of 75, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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