Coeur Mining (CDE) from $360 in May 1987 to $1.62 (March 2016)
This Chicago based gold mining company operates five mines located in North America. Coeur employs 2,200 people and in 2012 was the world's 9th largest silver producer. Coeur Mining is a typical example of a neglected and undervalued gold mining stock. The company quarterly financials are impressive. Revenue of $360 M (+69% Y/Y). Net income 33.5M (+214% Y/Y). The current price is $11.65 and trading well above the rising 200 day moving average of 7.03.
The bullish divergence captured on the MACD-V indicator which became apparent between 2010 and 2015 on the monthly chart suggests that more upside potential lies ahead.
On the daily chart a buy signal was triggered on the super trend indicator in April 2025 at $6.22 and remains valid with a ratchet stop loss level now at $10.05.
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