NEW YORK (TheStreet) — Coeur D’Alene Mines Corporation (NYSE:CDE) is trading at unusually high volume Thursday with 14 million shares changing hands. It is currently at four times its average daily volume and trading down $2.35 (-7%) at $31.41 as of 3:06 p.m. ET.
Coeur D’Alene Mines has a market cap of $3.1 billion and is part of the basic materials sector and metals & mining industry. Shares are up 23.6% year to date as of the close of trading on Wednesday.
Coeur d’Alene Mines Corporation, together with its subsidiaries, engages in the operation, ownership, exploration, development, and mining of silver and gold properties in South America, Mexico, the United States, and Australia. It also explores for lead and zinc ores.
TheStreet Ratings rates Coeur D’Alene Mines as a hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we find that the company’s return on equity has been disappointing. You can view the full Coeur D’Alene Mines Ratings Report.
