Coeur Mining (CDE, Financial) experienced a significant stock movement with a 5.07% increase in its share price, reaching $6.33. The trading volume was 10.65 million shares, with a turnover rate of 2.67% and a price fluctuation of 5.48%.
Recent financial reports indicate Coeur Mining achieved a revenue of $313 million, a net profit of $48.74 million, and earnings per share of $0.12. The company reported a gross profit of $99.31 million, although its price-to-earnings ratio stood at -632.00. Among seven institutions that rated the stock, all recommended buying, with no hold or sell recommendations.
In the broader gold industry, the overall increase was 0.23%. Notable stock performers included Idaho Strategic Resources, Inc., Coeur Mining, and Fortuna Mining Corp., with Fortuna Mining Corp. and Coeur Mining showing active trading. Turnover rates for Fortuna Mining, Coeur Mining, and Kinross Gold were 3.70%, 2.67%, and 1.57%, respectively. Stocks with significant price fluctuations included Hycroft Mining Holding Corporation with warrants expiring in 2025 and Gold Resource, with fluctuations of 38.79%, 24.34%, and 17.57%.
Coeur Mining focuses on the exploration and extraction of precious metals in the Americas, primarily gold and silver. The company operates mines such as Palmarejo, Rochester, Wharf, and Kensington, with projects located in the U.S., Canada, Mexico, and across North America.
