Coeur Mining Inc. (CDE) had a good day on the market for Wednesday October 16 as shares jumped 5.54% to close at $4.57. About 5.99 million shares traded hands on 18,015 trades for the day, compared with an average daily volume of n/a shares out of a total float of 236.38 million. After opening the trading day at $4.38, shares of Coeur Mining Inc. stayed within a range of $4.59 to $4.35.
With today’s gains, Coeur Mining Inc. now has a market cap of $1.08 billion. Shares of Coeur Mining Inc. have been trading within a range of $5.99 and $2.78 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
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.
Coeur Mining Inc. is based out of Chicago, IL and has some 2,075 employees. Its CEO is Mitchell J. Krebs.
Coeur Mining Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
