In a filing, Coeur Mining Inc revealed its VP, Corporate Controller & CAO Watkinson Kenneth J unloaded Company’s shares for reported $0.21 million on May 03 ’24. In the deal valued at $4.86 per share,44,000 shares were sold. As a result of this transaction, Watkinson Kenneth J now holds 140,719 shares worth roughly $0.72 million.
Then, McGrath Aoife bought 6,200 shares, generating $20,020 in total proceeds. Upon buying the shares at $3.23, the SVP, Exploration now owns 207,308 shares.
Before that, Watkinson Kenneth J sold 7,000 shares. Coeur Mining Inc shares valued at $19,684 were divested by the VP, Corporate Controller & CAO at a price of $2.81 per share. As a result of the transaction, Watkinson Kenneth J now holds 134,051 shares, worth roughly $0.69 million.
BMO Capital Markets upgraded its Coeur Mining Inc [CDE] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. RBC Capital Mkts revised its rating on September 22, 2023. It rated CDE as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of CDE
On Monday, Coeur Mining Inc [NYSE:CDE] saw its stock jump 5.33% to $5.14. Over the last five days, the stock has gained 4.68%. Coeur Mining Inc shares have risen nearly 57.67% since the year began. Nevertheless, the stocks have risen 42.38% over the past one year. While a 52-week high of $5.47 was reached on 04/12/24, a 52-week low of $2.00 was recorded on 02/28/24. SMA at 50 days reached $3.90, while 200 days put it at $2.97. A total of 8.39 million shares were traded, compared to the trading of 7.73 million shares in the previous session.
Levels Of Support And Resistance For CDE Stock
The 24-hour chart illustrates a support level at 5.02, which if violated will result in even more drops to 4.91. On the upside, there is a resistance level at 5.30. A further resistance level may holdings at 5.47. The Relative Strength Index (RSI) on the 14-day chart is 65.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.91%. Stochastics %K at 79.85% indicates the stock is a holding.
