Coeur Mining Inc (NYSE: CDE) stock enjoyed a major increase of 10.6% on 3/20/24. The shares closed at $3.35. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 6.3% during the last week.
Current PriceTarget Research Rating
CDE is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Coeur Mining has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Coeur Mining has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 67, triggering the High Neutral Value Trend Rating.
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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