How Does Coeur Mining, Inc. (CDE) Stack Up Right Now?

Coeur Mining, Inc. (CDE) is an interesting player in the Basic Materials space, with a focus on Silver. The stock has been active on the tape, currently trading at $8.40, down from yesterday’s close by -2.78%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Coeur Mining, Inc. (CDE) currently trades with a market capitalization of $1.52 Billion. That value represents a market adjusting for revenues that have been growing by 136.21 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $71.75 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.04 on a per share basis this quarter. Perhaps, that suggests something about why 1.79% of the outstanding share supply is held by institutional investors.



Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Coeur Mining, Inc. recorded a 52-week high of $9.98. It is now trading 1.58% off that level. The stock is trading $7.99 its 50-day moving average by -0.41%. The stock carved out a 52-week low down at $6.71.

In recent action, Coeur Mining, Inc. (CDE) has made a move of +3.07% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.41, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 5.75% with $181.26 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CDE.

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