Is Coeur Mining Inc (CDE) a Stock to Watch After Gaining 12.50% This Week?

The market has been high on Coeur Mining Inc (CDE) stock recently. CDE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Coeur Mining Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CDE!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CDE Stock Today?

Coeur Mining Inc (CDE) stock is trading at $2.88 as of 9:39 AM on Tuesday, Nov 28, a drop of -$0.02, or -0.69% from the previous closing price of $2.90. The stock has traded between $2.86 and $2.98 so far today. Volume today is light. So far 11,808 shares have traded compared to average volume of 5,887,815 shares. To see InvestorsObserver's Sentiment Score for Coeur Mining Inc click here.

More About Coeur Mining Inc

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America. Click Here to get the full Stock Report for Coeur Mining Inc stock.