Gold rallies to another record high; analyst says could go 'a lot higher' [Seeking Alpha]
Coeur Mining, Inc. (CDE)
Last coeur mining, inc. earnings: 4/22 04:30 pm
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Source: Seeking Alpha
The U.S. Labor Department reported initial jobless claims edged higher by 2K last week to a seasonally adjusted 230K, while inflation data, including Wednesday's consumer price index and Thursday's producer price index reports, remained consistent with moderating inflation. "We are headed towards a lower interest rate environment, so gold is becoming a lot more attractive ," Allegiance Gold's Alex Ebkarian said, according to Reuters, adding that he anticipates "potentially have a lot more frequent cuts as opposed to a bigger magnitude." "The labor market is continuing to falter and if the labor market deteriorates, the journey that they'll embark on in cutting rates is going to go for an extended period of time," Blue Line Futures strategist Phillip Streible said, also reported by Reuters. Front-month Comex gold for September delivery ( XAUUSD:CUR ) closed to $2,551.20/oz, an all-time settlement high and its best one-day dollar and percentage gain since August 16, while front-m
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CDE
News
- Coeur Mining, Inc. (NYSE: CDE) had its price target raised by analysts at Roth Mkm from $8.00 to $8.50. They now have a "buy" rating on the stock.MarketBeat
- Coeur Mining, Inc. (NYSE: CDE) had its price target raised by analysts at BMO Capital Markets from $7.50 to $8.00. They now have an "outperform" rating on the stock.MarketBeat
- Coeur Mining, Inc. (NYSE: CDE) had its price target raised by analysts at Raymond James from $6.25 to $7.00. They now have a "market perform" rating on the stock.MarketBeat
- The Best Silver Miners [Seeking Alpha]Seeking Alpha
- Coeur Mining Provides Operational Updates on Rochester Mine [Yahoo! Finance]Yahoo! Finance
CDE
Earnings
- 8/7/24 - In-Line
CDE
Sec Filings
- 9/27/24 - Form 8-K
- 9/26/24 - Form SD
- 9/19/24 - Form 8-K
- CDE's page on the SEC website