Overall market sentiment has been high on Coeur Mining Inc (CDE) stock lately. CDE receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CDE Stock Today?
Coeur Mining Inc (CDE) stock is lower by -1.62% while the S&P 500 is up 1.61% as of 9:55 AM on Wednesday, Sep 30. CDE is lower by -$0.12 from the previous closing price of $7.43 on volume of 231,372 shares. Over the past year the S&P 500 has gained 12.59% while CDE is up 51.98%. CDE lost -$1.25 per share in the over the last 12 months.
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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.
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