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Coeur Mining (CDE) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Fri Mar 13, 9:06PM CDT

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Buy rating on Coeur Mining, with a price target of $26.00.

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According to TipRanks, Wolfson is a top 100 analyst with an average return of 25.7% and a 70.29% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Barrick Mining, and Triple Flag Precious Metals.

In a report released on March 9, CIBC also initiated coverage with a Buy rating on the stock with a $40.00 price target.

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Based on Coeur Mining’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $674.85 million and a net profit of $214.97 million. In comparison, last year the company earned a revenue of $305.44 million and had a net profit of $37.85 million

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