InvestorsObserver is giving Coeur Mining Inc (CDE) an Analyst Rating Rank of 5, meaning CDE is ranked higher by analysts than 5% of stocks. The average price target for CDE is $3.912 and analyst’s rate the stock as a Hold.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What’s Happening With Coeur Mining Inc Stock Today?
Coeur Mining Inc (CDE) stock is trading at $4.19 as of 12:44 PM on Wednesday, Oct 26, a rise of $0.29, or 7.44% from the previous closing price of $3.90. The stock has traded between $3.95 and $4.22 so far today. Volume today is light. So far 2,744,405 shares have traded compared to average volume of 6,387,550 shares.
Click Here to get the full Stock Report for Coeur Mining Inc stock.
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