Comparable Company Analysis: Parsley Energy, Inc. (PE), Coeur Mining, Inc. (CDE)

Isaac Cain
August 12, 2017

State Street Corp raised its stake in shares of Coeur Mining by 25.5% in the first quarter. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. California Public Employees Retirement System owned approximately 0.13% of Coeur Mining worth $1,938,000 as of its most recent filing with the SEC.

Coeur Mining (NYSE:CDE) last issued its earnings results on Wednesday, July 26th.

Several other hedge funds also recently bought and sold shares of CDE. The value of the company's investment in Coeur Mining, Inc. went from $30,558,000 to $8,350,000 decreasing 72.7% since the last quarter.

The Return on Invested Capital (aka ROIC) Score for Coeur Mining, Inc. The Renaissance Technologies Llc holds 268,700 shares with $4.10M value, up from 236,100 last quarter. GMT Capital Corp boosted its position in shares of Coeur Mining by 47.7% in the first quarter. Can now owns 24,041 shares of the basic materials company's stock valued at $194,000 after buying an additional 11,400 shares in the last quarter. Teacher Retirement System of Texas increased its stake in Coeur Mining by 8.5% in the first quarter. Highbridge Capital Management LLC now owns 1,735,721 shares of the basic materials company's stock valued at $15,777,000 after buying an additional 373,514 shares during the last quarter. Institutional investors own 68.07% of the company's stock.

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Shares of Coeur Mining, Inc. During the trading on 08/09/2017, Company's stock ranged from $7.88 to $7.61. The overall volume in the last trading session was 1.19 million shares. Coeur Mining, Inc. The firm's 50-day moving average is $8.29 and its 200-day moving average is $8.94. The firm has a market capitalization of $1.39 billion, a PE ratio of 19.92 and a beta of 0.57.

Valuation Ratios of Coeur Mining, Inc.

Wall Street analysts are predicting that Coeur Mining Inc (NYSE:CDE) will report earnings per share of $0.06 in their quarterly report. The consensus mean EPS for the current quarter is at $0.06 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings. Coeur Mining had a return on equity of 10.44% and a net margin of 9.65%. Revenue for the quarter also did not kill consensus, coming in at $173.35 Million, compared to the consensus of 174.7 Million. During the same quarter in the previous year, the business earned $0.09 earnings per share. American International Group Inc now owns 112,387 shares worth $964,000. Coeur Mining, Inc., formerly known as Coeur d'Alene Mines Corporation, is headquartered in Chicago, Illinois. Renaissance Ltd Liability Com has invested 0.09% of its portfolio in Coeur Mining Inc (NYSE:CDE). If you are viewing this news story on another domain, it was copied illegally and reposted in violation of USA and global copyright legislation. The legal version of this story can be read at https://transcriptdaily.com/2017/08/11/somewhat-positive-press-coverage-very-unlikely-to-impact-coeur-mining-nysecde-share-price-updated-updated-updated.html. Royal Bank Of Canada reiterated a "buy" rating on shares of Coeur Mining in a research note on Friday, July 14th. Finally, BidaskClub upgraded Coeur Mining from a "hold" rating to a "buy" rating in a report on Saturday, June 10th. Coeur Mining now has an average rating of Hold and an average price target of $11.29. The shares were purchased at an average price of $9.36. The stock of Coeur Mining Inc (NYSE:CDE) has "Buy" rating given on Tuesday, October 13 by TH Capital. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company's stock. The company maintains price to book ratio of 2.76 vs.an industry average at 3.33. 10,000 shares valued at $87,200 were sold by Mitchell Peter C. on Monday, February 27. (NYSE:CDE). VP Mark Spurbeck sold 16,400 shares at an average price of $9.76 on June 8th.

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