Shares of Coeur Mining, Inc. (NYSE:CDE) recorded -0.27% loss during trading session on April 17th, 2019. The script traded as low as $3.70 and last traded at $3.76. 3.72 million shares changed exchanged hands during trading, a drop of -22.74% from the 30-day average session volume of 3.03M shares. The firm had previously closed at $3.77. The company has $204.20M outstanding shares, price-to-earnings-growth ratio of 1.23and a beta of 0.42. The company has a RSI of 26.91, ATR of 0.19 and a volatility of 4.08% this week. CDE has a 52 week low price of $3.75 and a 52 week high price of $8.89.
Investors have identified the tech company Coeur Mining, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 767.79M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Coeur Mining, Inc. (CDE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For CDE, the company has in raw cash 115.08 million on their books with 82.62 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 2.59 billion as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
CDE were able to record 123.37 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 85.33 million. In cash movements, the company had a total of 17.42 million as operating cash flow.
Potential earnings growth for Coeur Mining, Inc. (CDE)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Coeur Mining, Inc. recorded a total of 143.86 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.49% coming in sequential stages and their sales for the third quarter reducing by -0.03%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 116.51 million trying to sell their products during the last quarter, with the result yielding a gross income of 27.35 million. This allows shareholders to hold on to 204.20M with the revenue now reading 0 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.01 cents a share).
Is the stock of CDE attractive?
Having a look at the company’s valuation, the company is expected to record 0.31 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CDE sounds very interesting.
In related news, SVP, Exploration Rasmussen Hans John sold 7,500 shares of the company’s stock in a transaction that recorded on March 6th, 2019. The sale was performed at an average price of 4.78, for a total value of 35,820. As the sale deal closes, the Chairman (non-executive) Rasmussen Hans John now bought 1,000 shares of the company’s stock, valued at 4,896. Also, Chairman (non-executive) MELLOR ROBERT E bought 1,000 shares of the company’s stock in a deal that was recorded on December 14th, 2019. The shares were bought at an average price of 3.93 per share, with a total market value of 132,995. Following this completion of acquisition, the Director now holds 2,368 shares of the company’s stock, valued at 9,060. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.70%.
1 out of 8 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Coeur Mining, Inc. stock. 0 analysts has assigned a Sell rating on the CDE stock. The 12-month mean consensus price target for the company’s shares has been set at $7.11.