On 11/7/24, Coeur Mining Inc (NYSE: CDE) stock enjoyed a major increase of 11.5%, closing at $6.59. Moreover, this advance was accompanied by exceptionally high trading volume at 207% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.4% 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Coeur Mining has a slightly negative Appreciation Score of 32 but a very high Power Rating of 100, triggering 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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