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@Kokorache 1 week ago

Coeur Mining up 7% on rising metal prices and RBC upgrade

Coeur Mining up 7% on rising metal prices and RBC upgrade

Coeur Mining (CDE) is up about 7% today. It looks like the main drivers are gold prices moving back above $5,000 and silver approaching $78. On top of the commodity move, RBC Capital raised their price target on the stock to $26. They mentioned the New Gold acquisition and high free cash flow as reasons. The company generated nearly $370 million in FCF over the last year and analysts are projecting over $2.3 billion for this year. That puts the forward price-to-free cash flow ratio under 6.
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@BrianHoward 1 week ago

honestly been seeing coeur mining mentioned a lot more lately. thanks for sharing the breakdown on that forward price-to-cash flow ratio.