Coeur Mining, Inc. (NYSE:CDE)

CAPS Rating: 3 out of 5

A Primary silver producer which is engaged, through its subsidiaries, in the operation and ownership, development & exploration of silver and gold mining properties and companies located within the United States, South America, Australia and Africa.

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Player Avatar EllenBrandtPhD (< 20) Submitted: 7/25/2012 8:18:36 PM : Outperform Start Price: $16.05 CDE Score: -37.48

Due for a nice little rally in late summer-early fall and a return to a more normal price range above 27 by the end of the year.Estimates and targets may be way too low, because key Kensington mine has been off-line for a full two quarters. It came back on-line a few weeks ago and will help earnings considerably in the second half.To replace depleting Martha Mine, CDE-Biscuit, as fans fondly call it, has been making quite a few strategic purchases of positions in promising exploration companies. These may prove to be very good investments AS investments as soon as the PM stocks get hot again.Note that the ratios of the major PM indices - XAU, TSX Gold, and HUI - are at their lowest to the prices of the underlying metals in several decades.That's Through the Looking Glass territory, and most sector veterans believe a major sentiment shift towards these stocks lies dead ahead.

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