Coeur Mining (CDE) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.12 per share a year ago.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
CDE Q3 results are expected to shine, fueled by stronger gold and silver output and higher prices.
Here is how Coeur Mining (CDE) and Novagold (NG) have performed compared to their sector so far this year.
Coeur Mining (CDE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Coeur Mining is a maturing mid-size North American silver and gold miner, now showing improved financial stability and operational discipline. CDE's share price is highly sensitive to silver prices, offering leveraged exposure to metal cycles but also increased volatility and risk. Valuation appears fair to slightly expensive, with current prices reflecting optimism about the Rochester project's success and future profitability.
U.S. mining stocks are rallying again on Tuesday, October 14, following President Donald Trump's reassurance that “it will all be fine” just days after threatening higher tariffs on China.
Silver prices surged to levels not seen in decades on Monday, setting off a blistering rally in US-listed mining shares as a supply crunch in London deepened into what traders are calling one of the most extreme squeezes in living memory. Spot silver jumped as much as 3.7% to above $52 an ounce, briefly topping last week's highs and closing in on the $52.50 record first set in 1980.
Coeur Mining (CDE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
After a stellar Q3 for Wall Street, five growth picks - MU, WDAY, EXAS, EVR, and CDE - stand out with rising earnings estimates.
Coeur Mining (CDE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Does Coeur Mining (CDE) have what it takes to be a top stock pick for momentum investors? Let's find out.