
Coeur Mining (CDE) Stock Forecast & Price Target
Coeur Mining (CDE) Analyst Ratings
Bulls say
Coeur Mining Inc. has demonstrated a significant increase in production, realizing 108.5koz of gold and 4.7Moz of silver, which surpassed both the company’s forecasts and prior quarter outputs. The company’s balance sheet has shown marked improvement, highlighted by the full repayment of a $110 million revolving credit facility, a $34 million increase in treasury to $112 million, and a reduction in the net leverage ratio from 0.9x to 0.4x. These developments, coupled with the ongoing enhancements in operational efficiency, position Coeur Mining favorably for continued growth in the precious metals sector.
Bears say
Coeur Mining has demonstrated a significant reduction in its net leverage ratio, dropping to 0.4x from 0.9x in the previous quarter and from 2.9x a year ago, indicating improved balance sheet strength. Despite this improvement in financial leverage, the company faces ongoing uncertainties that could adversely affect its stock performance, particularly in regard to the potential contraction of target price multiples. The analysis of a downside scenario projecting a 50% reduction in these multiples suggests inherent vulnerabilities that may hinder future growth prospects.
This aggregate rating is based on analysts' research of Coeur Mining and is not a guaranteed prediction by Public.com or investment advice.
Coeur Mining (CDE) Analyst Forecast & Price Prediction
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