Coeur Mining (CDE) Set to Announce Quarterly Earnings on Wednesday

Coeur Mining (NYSE:CDE) will announce its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Coeur Mining (NYSE:CDE) last released its quarterly earnings data on Wednesday, February 21st. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter. Coeur Mining had a negative net margin of 12.62% and a negative return on equity of 7.79%. The firm had revenue of $262.10 million during the quarter. On average, analysts expect Coeur Mining to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Coeur Mining Price Performance

CDE stock opened at $4.94 on Monday. The firm’s 50-day moving average price is $3.66 and its two-hundred day moving average price is $3.10. Coeur Mining has a 12-month low of $2.00 and a 12-month high of $5.47. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of -15.94 and a beta of 1.82. The company has a current ratio of 0.92, a quick ratio of 0.38 and a debt-to-equity ratio of 0.51.

Analyst Ratings Changes

CDE has been the topic of several research analyst reports. Roth Capital reiterated a “buy” rating on shares of Coeur Mining in a research report on Tuesday, April 9th. BMO Capital Markets boosted their price objective on shares of Coeur Mining from $3.50 to $4.25 and gave the stock a “market perform” rating in a research note on Wednesday, April 10th. Roth Mkm initiated coverage on shares of Coeur Mining in a research note on Tuesday, April 9th. They set a “buy” rating and a $5.40 price objective on the stock. Raymond James boosted their price objective on shares of Coeur Mining from $3.75 to $4.00 and gave the stock a “market perform” rating in a research note on Monday, April 8th. Finally, National Bank Financial reissued an “outperform spec market weight” rating on shares of Coeur Mining in a research note on Monday, April 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $4.21.

Coeur Mining Company Profile

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.