Frank L. Jr. Hanagarne Sells 5,267 Shares of Coeur Mining Inc (CDE) Stock

Coeur Mining Inc (NYSE:CDE) COO Frank L. Jr. Hanagarne sold 5,267 shares of the business’s stock in a transaction dated Wednesday, April 11th. The shares were sold at an average price of $8.50, for a total transaction of $44,769.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Frank L. Jr. Hanagarne also recently made the following trade(s):

  • On Friday, January 12th, Frank L. Jr. Hanagarne sold 5,684 shares of Coeur Mining stock. The shares were sold at an average price of $8.50, for a total transaction of $48,314.00.

Coeur Mining stock opened at $8.64 on Friday. The company has a market capitalization of $1,559.57, a PE ratio of 432.00 and a beta of 0.54. Coeur Mining Inc has a 1 year low of $6.71 and a 1 year high of $9.98. The company has a current ratio of 1.97, a quick ratio of 1.39 and a debt-to-equity ratio of 0.47.



Coeur Mining (NYSE:CDE) last released its quarterly earnings results on Wednesday, February 7th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $214.60 million for the quarter, compared to the consensus estimate of $228.64 million. Coeur Mining had a negative net margin of 0.17% and a positive return on equity of 1.51%. The business’s revenue was up 54.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.34 EPS. research analysts forecast that Coeur Mining Inc will post 0.07 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in CDE. Xact Kapitalforvaltning AB purchased a new stake in Coeur Mining during the 4th quarter worth approximately $166,000. MetLife Investment Advisors LLC purchased a new stake in Coeur Mining during the 4th quarter worth approximately $645,000. TIAA CREF Investment Management LLC increased its stake in Coeur Mining by 4.5% during the 4th quarter. TIAA CREF Investment Management LLC now owns 849,116 shares of the basic materials company’s stock worth $6,368,000 after buying an additional 36,408 shares during the period. Teachers Advisors LLC increased its stake in Coeur Mining by 0.6% during the 4th quarter. Teachers Advisors LLC now owns 1,161,397 shares of the basic materials company’s stock worth $8,710,000 after buying an additional 6,563 shares during the period. Finally, Raymond James & Associates purchased a new stake in Coeur Mining during the 4th quarter worth approximately $133,000. 75.12% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have weighed in on CDE shares. BMO Capital Markets set a $10.00 target price on shares of Coeur Mining and gave the company a “buy” rating in a report on Tuesday, February 27th. Canaccord Genuity upgraded shares of Coeur Mining from a “hold” rating to a “buy” rating and set a $9.50 target price on the stock in a report on Wednesday, April 4th. Noble Financial reissued a “hold” rating on shares of Coeur Mining in a research note on Thursday, January 11th. Zacks Investment Research raised shares of Coeur Mining from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, Raymond James Financial reissued an “outperform” rating and issued a $9.50 price target on shares of Coeur Mining in a research note on Friday, March 23rd. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. Coeur Mining has a consensus rating of “Hold” and an average price target of $9.80.

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About Coeur Mining

Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.

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