Coeur Mining (CDE) Is Up 1.57% in One Week: What You Should Know

Core Insights - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] - Coeur Mining (CDE) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [3] - The Zacks Rank for Coeur Mining is 1 (Strong Buy), suggesting a favorable outlook based on historical performance metrics [4] Company Performance - Over the past week, Coeur Mining shares increased by 1.57%, while the Zacks Mining - Non Ferrous industry rose by 10.71% [6] - In a longer timeframe, CDE shares have surged by 105.68% over the past quarter and 203.55% over the last year, significantly outperforming the S&P 500, which increased by 8.11% and 19.22% respectively [7] - The average 20-day trading volume for CDE is 16,596,269 shares, indicating a bullish trend when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions for Coeur Mining show two upward adjustments for the full year, raising the consensus estimate from $0.78 to $0.83 [10] - For the next fiscal year, there have also been two upward revisions with no downward changes, reflecting positive sentiment regarding future earnings [10] Conclusion - Given the strong performance metrics and positive earnings outlook, Coeur Mining is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling option for investors seeking short-term gains [12]