Coeur Mining Inc (NYSE: CDE) stock enjoyed a major increase of 11.6% on 5/17/24. The shares closed at $5.88. Moreover, trading volume in this advance was unusually high at 171% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.1% during the last week.
Current PriceTarget Research Rating
CDE is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Coeur Mining has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Coeur Mining has a slightly negative Appreciation Score of 39 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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