Here's Where Things Went Wrong for Coeur Mining, Inc. in 2017
Coeur Mining (NYSE: CDE) took a step back in 2017. After rocketing 266.5% in 2016, the silver and gold mining stock shed 21% of its value through mid-December. Making that loss even more disappointing is the fact that the prices of silver and gold have risen 3% and 9%, respectively, this year while the broader stock market has been scorching hot, with the S&P 500 rising more than 19%.
Here's a look at what went wrong, and if the company can reverse that trend in 2018.
Image source: Getty Images.
Source: Fool.com
Coeur Mining Inc. Stock
€6.01
4.170%
We see a rather positive sentiment for Coeur Mining Inc. with 7 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 6 € is below the current price of 6.01 € for Coeur Mining Inc., so the potential is actually -0.2%.
