Shares of Coeur Mining Drop on Earnings Loss
Shares of precious-metals miner Coeur Mining (NYSE: CDE) were down as much as 11% in early morning trading and are down 7.6% as of this writing after the company posted disappointing third-quarter earnings.
The company announced today that it had produced a net loss of $0.09 per share on $176 million in revenue for the quarter. Wall Street was expecting a $0.01 per-share profit for the quarter, and that pretty much explains the stock price drop.
Image source: Getty Images.
Source: Fool.com
Coeur Mining Inc. Aktie
4,98 €
-8,07 %
Eine Tendenz zu Buy-Einschätzungen bei Coeur Mining Inc., überwiegend gegenüber Sell-Einschätzungen.
Das von der Community festgelegte Kursziel für Coeur Mining Inc. von 6 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 4.98 €.
