With 15.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 16.35 million shares. The 52-week range on CDE shows that it touched its highest point at $7.72 and its lowest point at $2.98 during that stretch. It currently has a 1-year price target of $8.62. Beta for the stock currently stands at 1.44.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CDE was up-trending over the past week, with a rise of 5.80%, but this was down by -20.95% over a month. Three-month performance dropped to -19.56% while six-month performance rose 3.60%. The stock gained 71.47% in the past year, while it has lost -4.37% so far this year. A look at the trailing 12-month EPS for CDE yields 0.14 with Next year EPS estimates of 0.65. For the next quarter, that number is -0.01. This implies an EPS growth rate of 139.05% for this year and 51.45% for next year.
Float and Shares Shorts:
At present, 638.56 million CDE shares are outstanding with a float of 623.06 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CDE since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.19307 being high and $0.16789 being low. For CDE, this leads to a yearly average estimate of $0.18468. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.1.
