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Coeur Mining (CDE) Receives a Buy from CIBC

Tipranks - Tipranks - Wed Mar 25, 9:28AM CDT

CIBC analyst Cosmos Chiu maintained a Buy rating on Coeur Mining today and set a price target of $40.00.

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According to TipRanks, Chiu is a 5-star analyst with an average return of 24.1% and a 60.50% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Alamos Gold, Dundee Precious Mtl, and Orla Mining.

In addition to CIBC, Coeur Mining also received a Buy from ATB Cormark Capital Markets’s Richard Gray in a report issued today. However, on the same day, TipRanks – xAI downgraded Coeur Mining (NYSE: CDE) to a Hold.

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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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