Coeur Mining Inc (NYSE:CDE) was the recipient of unusually large options trading on Thursday. Stock traders bought 1,708 put options on the stock. This represents an increase of approximately 849% compared to the average volume of 180 put options.

Shares of Coeur Mining (NYSE:CDE) opened at $8.55 on Tuesday. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $1,590.00, a P/E ratio of -85.50 and a beta of 0.38. Coeur Mining has a 12-month low of $6.71 and a 12-month high of $12.30.

Coeur Mining (NYSE:CDE) last posted its quarterly earnings data on Wednesday, October 25th. The basic materials company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.17). The firm had revenue of $176.00 million for the quarter, compared to the consensus estimate of $185.09 million. Coeur Mining had a negative net margin of 2.41% and a negative return on equity of 1.37%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 earnings per share. equities research analysts anticipate that Coeur Mining will post -0.05 earnings per share for the current year.

Several analysts recently issued reports on CDE shares. BMO Capital Markets started coverage on Coeur Mining in a research note on Friday, November 17th. They issued an “outperform” rating and a $10.50 target price on the stock. Royal Bank of Canada set a $11.00 target price on Coeur Mining and gave the stock a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research cut Coeur Mining from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 25th. Raymond James Financial raised Coeur Mining from a “market perform” rating to an “outperform” rating and raised their target price for the stock from $10.25 to $10.50 in a research note on Tuesday, November 21st. Finally, Noble Financial reissued a “hold” rating on shares of Coeur Mining in a research note on Thursday, January 11th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $10.29.

In other news, CFO Peter C. Mitchell sold 10,000 shares of Coeur Mining stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $7.67, for a total value of $76,700.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Mark Spurbeck sold 15,000 shares of Coeur Mining stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of $7.42, for a total value of $111,300.00. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of CDE. Van ECK Associates Corp boosted its position in Coeur Mining by 46.8% during the 2nd quarter. Van ECK Associates Corp now owns 18,611,685 shares of the basic materials company’s stock valued at $159,688,000 after acquiring an additional 5,933,383 shares in the last quarter. Investec Asset Management LTD bought a new stake in Coeur Mining during the 2nd quarter valued at approximately $28,801,000. Dimensional Fund Advisors LP boosted its position in Coeur Mining by 65.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,654,860 shares of the basic materials company’s stock valued at $39,939,000 after acquiring an additional 1,840,601 shares in the last quarter. Teachers Advisors LLC boosted its position in Coeur Mining by 259.5% during the 2nd quarter. Teachers Advisors LLC now owns 1,157,842 shares of the basic materials company’s stock valued at $9,934,000 after acquiring an additional 835,734 shares in the last quarter. Finally, Northpointe Capital LLC bought a new stake in shares of Coeur Mining in the 3rd quarter worth approximately $7,063,000. 69.73% of the stock is currently owned by institutional investors and hedge funds.

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Coeur Mining Company Profile

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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