On 9/3/24, Coeur Mining Inc (NYSE: CDE) stock suffered a major decline of -11.1%, closing at $5.46. Moreover, this decline was accompanied by above average trading volume at 120% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -14.2% 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 inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Coeur Mining has a neutral Appreciation Score of 42 but a very high Power Rating of 100, triggering the Positive Value Trend Rating.
Rating Review
In light of this highly negative 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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