Equities research analysts at Zacks Investment Research upgraded shares of Coeur d Alene Mines Corp (NYSE: CDE) from a neutral rating to an outperform rating in a research note to clients and investors on Thursday.
Coeur dâAlene Mines Corporation (Coeur) is a silver producer with gold assets located in North America. The Company, through its subsidiaries, is engaged in the operation, ownership, development and exploration of silver and gold mining properties and companies located primarily within South America (Chile, Argentina and Bolivia), Mexico (Chihuahua), United States (Nevada and Alaska) and Australia (New South Wales). The Company owns, either directly or indirectly, 100% of Coeur Mexicana S.A. de C.V., which operates the underground and surface Palmarejo silver and gold mine in Mexico. It owns 100% of Coeur Rochester, Inc., which has owned and operated the Rochester mine, a silver and gold surface mining operation located in northwestern Nevada. Coeur owns, either directly or indirectly, 100% of Coeur Argentina S.R.L., which owns and operates the underground silver and gold Martha mine located in Santa Cruz, Argentina. On July 1, 2009, it sold its 100% interest in the Broken Hill mine.
Shares of Coeur d Alene Mines Corp (NYSE: CDE) opened at 24.25 on Monday. Coeur d Alene Mines Corp has a 52 week low of $13.41 and a 52 week high of $28.20. The stocks 50-day moving average is $25.71 and its 200-day moving average is $19.85. On average, analysts predict that Coeur d Alene Mines Corp will post $0.46 EPS next quarter. The company has a market cap of $2.166 billion and a price-to-earnings ratio of N/A.
