Van Eck Associates Corp Increased Coeur Mining Inc (NYSE:CDE) Stake by $10.13 Million

February 14, 2018 - By Adrian Erickson

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.18, from 0.86 in 2017Q2. It improved, as 25 investors sold CDE shares while 45 reduced holdings. 30 funds opened positions while 43 raised stakes. 126.65 million shares or 2.92% more from 123.06 million shares in 2017Q2 were reported. Lpl Financial Limited Liability invested in 0% or 14,174 shares. Jane Street Ltd holds 226,736 shares. Citadel Advisors Ltd holds 1.57 million shares or 0.01% of its portfolio. 550,000 were accumulated by Capital Ww. Foundry Ptnrs Limited Liability Com holds 714,457 shares. Gmt Capital owns 12.35M shares or 2.42% of their US portfolio. Peak6 L P reported 5,609 shares or 0% of all its holdings. D E Shaw And Co stated it has 3.41M shares or 0.05% of all its holdings. Franklin reported 388,895 shares. Sigma Planning Corp accumulated 0.01% or 16,042 shares. Thompson Davis & Com invested in 0% or 10 shares. 26,500 were accumulated by Glenmede Trust Na. Wells Fargo Comm Mn, a California-based fund reported 245,992 shares. Two Sigma Ltd Liability Co has 15,946 shares. 890,326 were accumulated by Financial Bank Of Mellon.

Since August 28, 2017, it had 0 insider buys, and 6 sales for $645,969 activity. The insider Hanagarne Frank L. Jr. sold 10,310 shares worth $95,780. 10,000 shares valued at $92,500 were sold by Rasmussen Hans John on Friday, September 15. Mitchell Peter C. also sold $76,700 worth of Coeur Mining, Inc. (NYSE:CDE) shares.

Van Eck Associates Corp increased its stake in Coeur Mining Inc (NYSE:CDE) by 8.26% based on its latest 2017Q4 regulatory filing with the SEC. Van Eck Associates Corp bought 1.45M shares as the company’s stock rose 6.31% with the market. The institutional investor held 18.98M shares of the basic industries company at the end of 2017Q4, valued at $142.31M, up from 17.53M at the end of the previous reported quarter. Van Eck Associates Corp who had been investing in Coeur Mining Inc for a number of months, seems to be bullish on the $1.45B market cap company. The stock increased 2.08% or $0.16 during the last trading session, reaching $7.84. About 2.63 million shares traded. Coeur Mining, Inc. (NYSE:CDE) has risen 21.49% since February 14, 2017 and is uptrending. It has outperformed by 4.79% the S&P500.

Van Eck Associates Corp, which manages about $30.53 billion and $20.27 billion US Long portfolio, decreased its stake in Patterson Cos Inc (NASDAQ:PDCO) by 306,564 shares to 573,777 shares, valued at $20.73M in 2017Q4, according to the filing. It also reduced its holding in Neurocrine Biosciences Inc (NASDAQ:NBIX) by 142,977 shares in the quarter, leaving it with 129,395 shares, and cut its stake in Wheaton Precious Metals Corp ().

Van Eck Associates Corp is a New York-based institutional investor with more than $30.53 billion AUM in August, 2014. Taken from Van Eck Associates latest Adv, the fund reported to have 161 full and part-time employees. Among which 36 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Coeur Mining, Inc. (NYSE:CDE) Ratings Coverage

Among 8 analysts covering Coeur Mining (NYSE:CDE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Coeur Mining has $18 highest and $3.40 lowest target. $8.06’s average target is 2.81% above currents $7.84 stock price. Coeur Mining had 48 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets upgraded the shares of CDE in report on Thursday, May 12 to “Outperform” rating. The stock has “Hold” rating by Deutsche Bank on Monday, November 9. The firm earned “Hold” rating on Thursday, January 11 by Noble Financial. The rating was maintained by Roth Capital on Wednesday, June 14 with “Buy”. The firm has “Buy” rating given on Wednesday, June 28 by BMO Capital Markets. Canaccord Genuity maintained Coeur Mining, Inc. (NYSE:CDE) on Sunday, January 7 with “Buy” rating. Roth Capital maintained Coeur Mining, Inc. (NYSE:CDE) on Tuesday, September 12 with “Buy” rating. As per Tuesday, October 31, the company rating was maintained by Noble Financial. BMO Capital Markets maintained the shares of CDE in report on Monday, September 11 with “Buy” rating. The firm has “Hold” rating given on Tuesday, September 12 by Noble Financial.

Coeur Mining, Inc. owns, operates, explores for, and develops silver and gold properties. The company has market cap of $1.45 billion. It holds interests in the Palmarejo silver-gold complex located in Mexico; the Silvertip silver-zinc-lead mine located in British Columbia; the Rochester silver-gold mine located in Nevada; the Kensington gold mine located in Alaska; and the Wharf gold mine located in South Dakota. It currently has negative earnings. The Firm also owns interest in the La Preciosa silver-gold project located in the State of Durango in northern Mexico.

More notable recent Coeur Mining, Inc. (NYSE:CDE) news were published by: which released: “Coeur Mining’s (CDE) CEO Mitchell Krebs on Q4 2017 Results – Earnings Call …” on February 08, 2018, also with their article: “Earnings Reaction History: Coeur Mining Inc, 85.7% Follow-Through Indicator, 8 …” published on February 07, 2018, published: “Coeur Mining Inc. Q4 Income Climbs” on February 07, 2018. More interesting news about Coeur Mining, Inc. (NYSE:CDE) were released by: and their article: “Coeur Reports Fourth Quarter and Full-Year 2017 Results and Provides 2018 Cost …” published on February 07, 2018 as well as‘s news article titled: “Is Coeur Mining, Inc. a Buy in 2018?” with publication date: January 31, 2018.

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