JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
Coeur Mining (NYSE:CDE) Inc stock reached a 52-week high, touching 10.08 USD, with InvestingPro data showing the stock has maintained strong momentum with a remarkable 13.81% gain just in the past week. This milestone reflects a significant upward trend for the company, which has seen its stock price increase by 83.83% over the past year. The surge underscores a period of robust performance and investor confidence, with the company earning a "GREAT" Financial Health Score according to InvestingPro’s comprehensive analysis. Analyst targets suggest further potential upside, ranging from $10 to $13 per share. This 52-week high marks a key point of achievement for Coeur Mining, as it continues to capitalize on favorable market dynamics and strategic initiatives. With a market capitalization of $6.33 billion, the company appears slightly overvalued according to InvestingPro’s Fair Value model, which includes 13+ additional key insights available to subscribers.
In other recent news, Coeur Mining Inc. reported impressive first-quarter results for 2025, with earnings per share (EPS) of $0.11, surpassing analysts’ expectations of a loss of $0.01. The company’s revenue also exceeded projections, reaching $360 million compared to the anticipated $309.6 million. In addition, Coeur Mining’s strong second-quarter performance led BMO Capital to raise its price target for the company to $12.00 from $11.00, maintaining an Outperform rating. The company announced a $75 million share repurchase program, reflecting confidence in its financial health and aiming to enhance shareholder value.
Shareholders approved an amendment to the 2018 Long-Term Incentive Plan, extending its term and increasing the number of shares available for issuance. S&P Global Ratings upgraded Coeur Mining’s issuer credit rating to ’B+’ from ’B-’, citing robust credit metrics and a significant increase in EBITDA due to higher gold and silver production. The company’s debt ratings were also raised, with senior secured debt moving to ’BB’ and unsecured notes to ’BB-’. Coeur Mining anticipates continued improvements in gold and silver volumes from its Rochester and Las Chispas mines.
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