Coeur Mining Inc Stock Slumps -11.48% This Week: Is It Still a Good Pick?

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Coeur Mining ($NYSE:CDE) Inc (CDE) has seen a significant drop this week of -11.48%, and their stock is continuing to slump. Analysts have rated this stock as a Hold, with investors concerned about CDE’s performance over the past 12 months, where it has dropped -31.54%. On the one hand, CDE’s current price may mean that it is an attractive option for those looking to invest in a company with fairly low risk. The fact that analysts have rated CDE as a Hold and not a Buy or a Sell could indicate that there is potential for CDE to stabilize, or even improve its stock value over time. Furthermore, CDE is not merely a gold miner, but also a silver producer and an explorer of other natural resources. On the other hand, CDE’s overall performance over the past 12 months is cause for concern for many investors. A -31.54% drop may be indicative of underlying problems that are yet to be addressed and investors must weigh this possibility carefully before deciding whether CDE is still a good stock pick.

Additionally, any further declines in CDE’s stock value may result in significant losses for investors. Ultimately, whether CDE is still a good stock pick depends on individual investors’ risk tolerance and outlook on CDE’s future prospects. While analysts have rated it as a Hold, CDE’s recent slump does not appear to have ended yet and any further drops may lead to losses for investors. It is important to do research and make an informed decision before investing in Coeur Mining Inc.

Stock Price

At the time of writing, there is largely negative media exposure surrounding the company. On Monday, COEUR MINING opened at $3.0 and closed at $3.0, an increase from it’s previous closing price of $2.9. This suggests that there are still investors who are confident of the company’s prospects and are buying shares despite the overall downward trend in the stock’s price. It is important to take into account the current market conditions and media sentiment when making an investment decision.

Other important factors to consider include the company’s financial performance and the outlook for the industry they operate in. Ultimately, investors should make informed decisions based on comprehensive research. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Coeur Mining. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Coeur Mining. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Coeur Mining. More…

Key Ratios Snapshot

Some of the financial key ratios for Coeur Mining are shown below. More…

Analysis

GoodWhale has conducted a detailed analysis of COEUR MINING to determine its fundamentals. Our risk rating indicates that this is a medium risk investment, considering both financial and business aspects. As part of our analysis, we have identified two risk warnings in COEUR MINING’s income sheet and balance sheet. To see these in detail, become a registered user of GoodWhale. By analyzing COEUR MINING’s fundamentals, we have been able to assess its overall health as an investment. Our risk rating gives you an indication of the level of risk associated with investing in a particular company. Knowing this risk can help you make more informed decisions about where to invest your money. We strongly recommend conducting your own research into the risks associated with investing in COEUR MINING. More…

Peers

The company operates mines and projects in the United States, Mexico, Bolivia, and Argentina. The company’s primary competitors in the gold mining industry are Mining Global Inc, Hochschild Mining PLC, and Metals Exploration PLC.

– Mining Global Inc ($OTCPK:MNGG)

Mining Global Inc is a Canadian company that is engaged in the business of mineral exploration and development. The company has a market capitalization of 5.78 million as of 2022 and a return on equity of 3.18%. Mining Global Inc is focused on the exploration and development of gold and silver projects in the Americas. The company’s primary asset is the San Juan Silver Property, located in the San Juan Mountains of Colorado, USA.

– Hochschild Mining PLC ($LSE:HOC)

Hochschild Mining PLC is a precious metals mining company with a focus on silver production. The company has a market capitalization of 298.56 million as of 2022 and a return on equity of 6.23%. Hochschild Mining PLC operates mines in Peru, Mexico, and Argentina. The company was founded in 1911 and is headquartered in London, the United Kingdom.

– Metals Exploration PLC ($LSE:MTL)

Metals Exploration PLC is a UK-based company engaged in the exploration, development, and production of minerals, primarily gold. The company has a market capitalization of 17.23 million as of 2022 and a return on equity of 130.94%. Metals Exploration is focused on the development of its flagship property, the Runruno Gold-Molybdenum Project in the Philippines. The company also has several other exploration projects in the Philippines, as well as in Papua New Guinea, Indonesia, and Fiji.

Summary

Coeur Mining Inc has seen its stock slump by 11.48% this week, leading many investors to question whether it is still a good investment. Analysts are mixed regarding their opinion on the stock, but some point to the company’s overall financial health as a positive factor, citing its strong balance sheet, cash flow, and debt situation as reasons for optimism. Despite this, some are concerned that the recent negative media exposure and the uncertainty surrounding the global economy could weigh heavily on the stock in the near term. Ultimately, it is up to each investor to conduct their due diligence and make their own decisions on whether Coeur Mining Inc is worth buying or not.