How Is Coeur Mining (NYSE:CDE) Gaining Institutional Attention?

February 27, 2025 08:40 AM PST | By Team Kalkine Media

How Is Coeur Mining (NYSE:CDE) Gaining Institutional Attention? — Image source: shutterstock

Institutional Holdings and Market Engagement

Allspring Global Investments Holdings LLC recently acquired 32,022 shares in Coeur Mining, reflecting ongoing confidence in the company’s market position. This addition aligns with a broader trend of institutional investors increasing their stakes.

Van ECK Associates Corp, a major stakeholder, expanded its position by 1.1% in the third quarter, bringing its holdings to over 34 million shares. Geode Capital Management LLC also raised its stake by 1.0%, now owning over 9.1 million shares. JPMorgan Chase & Co. significantly increased its position, with an 88.3% boost in ownership, now holding more than 1.4 million shares. Collectively, institutional investors own over 63% of Coeur Mining’s outstanding shares.

Market Performance and Financial Indicators

Coeur Mining’s stock recently opened at $5.09, with a market capitalization exceeding $2 billion. The company maintains a price-to-earnings ratio of 42.38, highlighting its financial structure. Liquidity ratios, including a quick ratio of 0.39 and a current ratio of 0.83, reflect operational stability.

The company’s latest earnings report recorded an EPS of $0.11, aligning with market estimates. Quarterly revenue reached $305.40 million, slightly below earlier projections. While revenue was marginally lower than expected, the company continues to demonstrate resilience in its operations. Fiscal year projections indicate steady financial performance.

Industry Presence and Operational Strength

Coeur Mining has established a strong presence in the mining sector, operating key projects across North America. The company focuses on the exploration, development, and production of precious metals, maintaining operations in the United States, Canada, and Mexico.

Formerly known as Coeur d'Alene Mines Corporation, the company rebranded as Coeur Mining, Inc. in 2013, marking its ongoing evolution. Its portfolio includes several active mining sites, with a strategic emphasis on resource expansion and sustainable production.

Strategic Growth and Market Position

Recent activity among institutional shareholders, combined with Coeur Mining’s steady financial performance, underscores its role in the mining industry. The company continues to develop its resource base, enhance operational efficiencies, and strengthen its market presence.

With institutional backing, a solid financial structure, and a well-diversified portfolio, Coeur Mining remains an active player in the precious metals sector.

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