With 9.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 20.33 million shares. The 52-week range on CDE shows that it touched its highest point at $7.85 and its lowest point at $4.57 during that stretch. It currently has a 1-year price target of $9.94. Beta for the stock currently stands at 1.28.
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 down-trending over the past week, with a drop of -2.74%, but this was up by 23.55% over a month. Three-month performance surged to 15.86% while six-month performance rose 22.53%. The stock gained 40.83% in the past year, while it has gained 30.24% so far this year. A look at the trailing 12-month EPS for CDE yields 0.28 with Next year EPS estimates of 0.63. For the next quarter, that number is 0.16. This implies an EPS growth rate of 236.42% for this year and 4.77% for next year.
Float and Shares Shorts:
At present, 639.06 million CDE shares are outstanding with a float of 624.33 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 $0.26 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.19.
