Noble Financial Keeps a Hold Rating on Coeur Mining (CDE)

In a report released today, Mark Reichman from Noble Financial maintained a Hold rating on Coeur Mining (CDEResearch Report). The company’s shares closed last Thursday at $7.61.

According to TipRanks.com, Reichman is a 4-star analyst with an average return of 9.3% and a 41.5% success rate. Reichman covers the Basic Materials sector, focusing on stocks such as Great Bear Resources, Endeavour Silver, and Comstock Mining.

Coeur Mining has an analyst consensus of Moderate Buy, with a price target consensus of $9.67, representing a 24.0% upside. In a report issued on July 15, RBC Capital also maintained a Hold rating on the stock with a $10.00 price target.

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Coeur Mining’s market cap is currently $1.96B and has a P/E ratio of 47.30. The company has a Price to Book ratio of 2.70.

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Coeur Mining, Inc. engages in the exploration and development of silver and gold mining properties and mines located in United States, Mexico, Bolivia, Argentina and Australia. The company operates through the following segments: Palmarejo complex, Rochester, Kensington, Wharf and Silvertip. Coeur Mining was founded in 1928 and is headquartered in Chicago, IL.