에 대한 최신 뉴스 Coeur Mining (NYSE:CDE) 주식

Coeur Mining

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.

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금요일은 최근 몇 년 동안 금속 원자재 가격이 가장 강한 날 중 하나가 될 것으로 예상된다. 금은 1.7% 이상 상승해 온스당 2,400달러를 넘어 사상 최고치를 기록했고, 은은 6% 이상 급등해 2013년 2월 이후 최고치까지 올랐으며, 구리는 사상 최고치를 기록했다.

은 가격은 11년 만에 최고치, 금과 구리는 사상 최고점 기록: 광산 주식 급등

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2024년 4월 24일 주요 뉴스: 아메리칸 배터리 테크놀러지(NASDAQ:ABAT)는 토노파 플랫츠(Tonopah Flats) 리튬 프로젝트(TFLP)에 대한 최초 평가를 업데이트했다. 이 프로젝트의 범위는 측정값과 표시된 광물 자원만 사용하도록 수정했으며, 추정치에 해당하는 자원은 제외되었다. 

수요일 주요 광업 뉴스: 아메리칸 배터리, 스틸 다이나믹스, 골드 로열티, 쾨르 마이닝

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지정학적 위험이 줄어들면서 금 가격은 미국 동부 시간으로 월요일 오후 3시 현재 2.7% 하락해 2,350달러 아래로 떨어졌다. 금과 밀접한 관련을 가진 은도 5.1%의 더 급격한 하락을 경험하며 지난 10월 이후 최대의 하락을 보여주었다.

지정학적 안도감에 금 매도 촉발, 2,350달러 이하로 하락: 광산주가 큰 타격

Coeur Mining Inc

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CardieX Ltd

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Shares of precious metals stocks are trading higher as gold and silver rise following US jobs data.

Shares of precious metals stocks are trading higher as gold and silver rise amid a drop in the dollar following key US economic data.

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Coeur Mining Reported Results From Multi-year Exploration Drilling And Development Program At Kensington Underground Gold Mine In Southeast Alaska,  Recent Assays Highlight Potential To Extend Its Reserve Based Mine Life To Over Five Years By Year-End

Shares of Ovid Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OVID#NASDAQ">OVID</a>) dipped 65.7% to $1.1285 after Takeda&#8217;s Skyline study in Dravet syndrome missed its primary endpoint.
Takeda Pharmaceutical Co Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAK#NYSE">TAK</a>) announced topline data from its SKYLINE and SKYWAY Phase 3 studies of Soticlestat (TAK-935) for the treatment of Dravet syndrome (DS) and Lennox-Gastaut syndrome (LGS).
AMMO shares dipped 19.1% to $2.0306 on Friday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Interactive Strength Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) shares climbed 148% to $7.07 after dipping 19% on Friday.</li>
<li>Mustang Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBIO#NASDAQ">MBIO</a>) shares jumped 145% to $0.32 after the company announced safety and efficacy data from the complete Waldenstrom Macroglobulinemia cohort of its Phase 1/2 clinical trial of MB-106, showing an overall response rate of 90% with one patient remaining in complete remission at 31 months.</li>
<li>Allego N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALLG#NASDAQ">ALLG</a>) gained 126.4% to $1.6750 after the company and its majority shareholder, Meridiam, announced a transaction framework agreement under which Meridiam will launch a tender offer for all issued and outstanding Allego shares not owned by Meridiam, with the option to tender shares for $1.70 per share in cash.</li>
<li>Scinai Immunotherapeutics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCNI#NASDAQ">SCNI</a>) shares gained 92.6% to $6.74 after surging 24% on Friday. Scinai Immunotherapeutics, last week, received a non-binding Letter of Intent from the European Investment Bank for converting loan into equity.</li>
<li>TRxADE HEALTH, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDS#NASDAQ">MEDS</a>) rose 47% to $9.50.</li>
<li>The Aaron&#8217;s Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAN#NYSE">AAN</a>) gained 32.2% to $9.97 after the company announced that it entered into a definitive agreement to be acquired by IQVentures Holdings.</li>
<li>AgriFORCE Growing Systems Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGRI#NASDAQ">AGRI</a>) jumped 27% to $0.1044 after the company announced a $1 million share repurchase program.</li>
<li>Xponential Fitness, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPOF#NYSE">XPOF</a>) surged 21.3% to $13.68. Xponential Fitness announced the appointment of Mark King as Chief Executive Officer.</li>
<li>Silynxcom Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNX#NASDAQ">SYNX</a>) gained 21.8% to $3.14.</li>
<li>Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) gained 13.6% to $1.0650 after the company announced that it has entered a new strategic resurfacing and skin tightening device supply arrangement with Skin Laundry Holdings.</li>
<li>Envirotech Vehicles, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVTV#NASDAQ">EVTV</a>) rose 12.8% to $1.4899.</li>
<li>CNS Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNSP#NASDAQ">CNSP</a>) gained 12.8% to $3.1459. CNS Pharmaceuticals recently announced pricing of registered direct offering and concurrent private placement.</li>
<li>ENDRA Life Sciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDRA#NASDAQ">NDRA</a>) gained 11.8% to $0.1159 after a 13G filing showed a 9.99% passive stake from S.H.N. Financial Investments Ltd.</li>
<li>Lexicon Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXRX#NASDAQ">LXRX</a>) climbed 10.5% to $2.0099. HC Wainwright &amp; Co. analyst Joseph Pantginis initiated coverage on Lexicon Pharmaceuticals with a Buy rating and announced a price target of $10.</li>
<li>XTL Biopharmaceuticals Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTLB#NASDAQ">XTLB</a>) shares climbed 10.5% to $2.31 after falling around 5% on Friday. XTL recently entered into definitive agreement to acquire The Social Proxy.</li>
<li>Mirum Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIRM#NASDAQ">MIRM</a>) gained 10.2% to $28.58. Mirum&#8217;s Volixibat achieved interim analyses in VANTAGE PBC and VISTAS PSC studies.</li>
<li>Ouster, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) shares rose 8.5% to $11.21. Ouster Director Virginia Boulet bought a total of 10,000 shares at an average price of $10.30.</li>
<li>Primo Water Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRMW#NASDAQ">PRMW</a>) gained 7.8% to $24.08 after the company and BlueTriton agreed to merge.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Aerovate Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVTE#NASDAQ">AVTE</a>) shares dipped 90.8% to $2.26 after the company reported 24-week topline results from phase 2b portion of IMPAHCT evaluating AV-101 for pulmonary arterial hypertension.</li>
<li>Kaival Brands Innovations Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) shares dipped 33% to $3.9950. Kaival Brands Innovations Group shares jumped 338% on Friday after the company announced a $5 million offering of 3,012,048 units at $1.66 per unit.</li>
<li>Bluejay Diagnostics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BJDX#NASDAQ">BJDX</a>) fell 29.4% to $0.36 in pre-market trading after jumping 12% on Friday.</li>
<li>Workhorse Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>) declined 26% to $2.22. Workhorse announced a 1-for-20 reverse stock split of its common stock last week after shareholders approved the move at the company's annual meeting of stockholders in May.</li>
<li>AMC Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMCX#NASDAQ">AMCX</a>) fell 25.7% to $11.67 after the company announced a private offering of $125 million of convertible senior notes.</li>
<li>iPower Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NYSE">IPW</a>) shares fell 24.4% to $2.49 after the company announced a $5 million registered direct offering.</li>
<li>Scorpius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCPX#NASDAQ">SCPX</a>) fell 21.3% to $0.0763 after the company received NYSE American notice of delisting and reported plans to appeal.</li>
<li>Atara Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATRA#NASDAQ">ATRA</a>) declined 20.8% to $0.4044. Atara Biotherapeutics announced a 1-for-25 reverse stock split.</li>
<li>22nd Century Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) dipped 20.7% to $0.6405.</li>
<li>SELLAS Life Sciences Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLS#NASDAQ">SLS</a>) fell 20.6% to $1.19. SELLAS Life Sciences announced review of ongoing Phase 3 REGAL clinical trial of Galinpepimut-S in acute myeloid leukemia by IDMC.</li>
<li>Virgin Galactic Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPCE#NYSE">SPCE</a>) dipped 19.6% to $11.00.</li>
<li>Feutune Light Acquisition Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLFV#NASDAQ">FLFV</a>) shares fell 18.5% to $7.99.</li>
<li>MYT Netherlands Parent B.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYTE#NASDAQ">MYTE</a>) declined 13.1% to $4.31.</li>
<li>Biomea Fusion, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMEA#NASDAQ">BMEA</a>) fell 12.8% to $4.9190.</li>
<li>BIMI Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIMI#NASDAQ">BIMI</a>) shares fell 12.6% to $1.92 after gaining 23% on Friday.</li>
<li>Cemtrex, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETX#NASDAQ">CETX</a>) fell 12.2% to $0.2451.</li>
<li>La Rosa Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRHC#NASDAQ">LRHC</a>) shares declined 11.1% to $1.04. La Rosa Holdings shares jumped around 76% on Friday after the company filed a request for the withdrawal of its registration statement on a Form S-1.</li>
<li>Evotec SE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVO#NYSE">EVO</a>) shares declined 10.5% to $4.07.</li>
<li>ZKH Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZKH#NYSE">ZKH</a>) fell 10.2% to $3.5850. ZKH Group recently announced a $50 million share repurchase program.</li>
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) declined 9% to $9.05.</li>
<li>FuelCell Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) fell 6.8% to $0.7636.</li>
<li>Louisiana-Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPX#NYSE">LPX</a>) declined 6.3% to $86.25 after Goldman Sachs downgraded the stock from Neutral to Sell and lowered its price target from $89 to $81.</li>
<li>Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) fell 5.3% to $5.44.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/06/39357134/wall-streets-most-accurate-analysts-spotlight-on-3-materials-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Materials Stocks Delivering High-Dividend Yields</a>

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XXII

Why Ovid Therapeutics Shares Are Trading Lower By 19%? Here Are Other Stocks Moving In Monday's Mid-Day Session

Coeur Mining shares are trading higher amid strength in gold.

RGLD

Shares of precious metals stocks are trading lower amid a drop in gold and silver following US economic data.

Shares of precious metals companies are trading higher amid strength in gold and silver prices.

SSRM

Shares of precious metals companies are trading lower amid a drop in the price of gold and silver.

Source: <a href="https://www.streetwisereports.com/article/2024/05/22/expert-says-these-six-silver-stocks-are-poised-to-advance.html?utm_medium=feed">Clive Maund 05/22/2024</a>
Technical Analyst Clive Maund shares six silver stocks he thinks are ready to advance.
It was looking increasingly likely at the start of that month that the sector correction had run its course, and gold and silver were starting the week strong.
It, therefore, looks like another major upleg will begin imminently in many gold and silver (and copper) stocks. The following silver stocks, in particular, look poised to advance.
Note that if there are some stocks that we looked at before that are not on this list, it doesn&#39;t mean that they are not liked and won&#39;t perform, it&#39;s just that these are the most liked at this time.
Dolly Varden Silver Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/dollf#OTC">DOLLF</a>) is a fine countertrend Pennant has formed in Dolly Varden over the past month that has brought it back to support above its rising 50-day moving average and unwound its earlier overbought condition.
The next upleg should start soon, and it could be big.
<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202452270645_1.jpg" style="height:857px; width:687px" />
GoGold Resources Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/glgdf#OTC">GLGDF</a>): A zig-zagging countertrend Pennant has formed in GoGold in recent weeks, with the dip at the start of the month bringing it back to a nice &quot;buy spot&quot; above its moving averages that are set to cross soon and will on the next upleg that should begin shortly.
<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202452270707_2.jpg" style="height:857px; width:682px" />
Guanajuato Silver Co. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/gsvrf#OTC">GSVRF</a>): The correction of recent weeks in Guanajuato was exacerbated when it got whacked hard by a big funding at CA$0.20.
This funding was upscaled as a result of its being well taken up. The drop has, therefore, presented new buyers, especially with an opportunity to pick it up cheaply. The Accumulation line has held held up very well indeed on the drop, which implies that it will soon advance anew, especially as the sector advances and the funding is digested.
<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202452270733_3.jpg" style="height:857px; width:692px" />
Coeur Mining Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) has made what looks like a consolidation Flag over the past month, which should launch it into another upleg soon.
<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202452270751_4.jpg" style="height:857px; width:683px" />
Silver Mountain Resources Inc. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/agmrf#OTC">AGMRF</a>) did break out as expected early in April, but then, partly due at least to the sector correction, it came skidding back down again to lose all the gains and a little bit more.
It&#39;s oversold here at a support level, and some strong buying last week drove the Accumulation line higher, suggesting it&#39;s going back up again, so it is rated an Immediate Strong Buy here.
<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202452270815_5.jpg" style="height:857px; width:686px" />
Silver Storm Mining Ltd (OTC: <a class="ticker" href="https://www.benzinga.com/stock/svrsf#OTC">SVRSF</a>) was propelled higher during the first half of April on very strong buying with very big volume up days. Small wonder then that it has since not reacted back much on the sector correction.
Instead, what has happened is that a fine bull Pennant has formed on declining volume, which dwindled to a relatively low-level last week as it held above a clear line of support at CA$0.155, with the Accumulation line rising steeply. This implies that it will soon take off higher again, and the next upleg is likely to be STRONG.
<img alt="" class="No_img_class" src="https://www.theaureport.com/images/auto_up/202452270841_6.jpg" style="height:857px; width:684px" />
Important Disclosures:
<ol>
<li>Dolly Varden Silver Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.</li>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Dolly Varden Silver Corp.</li>
<li>Clive Maund: I determined which companies would be included in this article based on my research and understanding of the sector.</li>
<li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
</ol>
Clivemaund.com Disclosures
The above represents the opinion and analysis of Mr. Maund, based on data available to him, at the time of writing. Mr. Maund&#39;s opinions are his own, and are not a recommendation or an offer to buy or sell securities. As trading and investing in any financial markets may involve serious risk of loss, Mr. Maund recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction and do your own due diligence and research when making any kind of a transaction with financial ramifications. Although a qualified and experienced stock market analyst, Clive Maund is not a Registered Securities Advisor. Therefore Mr. Maund&#39;s opinions on the market and stocks cannot be only be construed as a recommendation or solicitation to buy and sell securities.

Penny Stocks

AGMRF

DOLLF

GLGDF

GSVRF

SVRSF

Expert Says These Six Silver Stocks Are Poised to Advance

Source: <a href="https://www.streetwisereports.com/article/2024/05/13/copper-explorer-gathers-experts-for-untapped-ariz-project.html?utm_medium=feed">Streetwise Reports 05/13/2024</a>
A Canadian copper company is putting together a team of experts to meet the challenge of providing the red metal needed for the energy transition. Find out which research firm has rated the stock a top performer.
As copper prices continue to rise on fears of shortages, one Canadian copper company is putting together a team of experts to meet the challenge of providing the red metal needed for the energy transition.
Vancouver-based World Copper Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/wcuff#OTC">WCUFF</a>) is focused on the exploration and development of its coppery porphyry projects in Arizona and Chile.
The Technical Advisory Committee announced Monday will work on the development of the Zonia project in Arizona to guide development issues such as permitting, construction, and ramp-up of the project.
Two committee members, mining executives Joe Phillips and Derek White, have been appointed, the company said.
&quot;The copper market is in desperate need of lower cost, faster to market copper oxide projects like Zonia&quot; said World Copper Chief Executive Officer Gord Neal. &quot;Mr. White and Mr. Phillips both understand the outstanding value proposition this asset offers and they bring a great deal of knowledge and experience in developing and building mines effectively.&quot;
<h2>A Top-5 Performer</h2>
Copper has climbed above US$10,000 a ton on the predictions of tighter supplies and rising consumption for use in electric vehicles (EVs) and power grides.
&quot;Prices of copper have risen 17% this year on fears of shortages, with aging mines forecast to struggle to keep pace with demand&quot; Mining.com reported.
ANZ Group Holdings Ltd. analysts, including Daniel Hynes, told the site that supply growth is stagnating.
Taylor Combaluzier of Red Cloud Securities has noted that Zonia &quot;has lots of untapped potential&quot; for copper.
<blockquote class="callOut left">Taylor Combaluzier of Red Cloud Securities has noted that Zonia &quot;has lots of untapped potential&quot; for copper.</blockquote>
&quot;It could either be rapidly developed for nearer-term production or potentially be expanded through exploration to increase the scale of the project&quot; Combaluzier wrote.
In March, WCU was named among Fundamental Research Corp.&#39;s (FRC) Top five performers of the week, the equity research firm reported in its March 4 note, taking the fifth spot after a week-over-week (WOW) return of 17%.
An updated mineral resource estimate (MRE) filed for Zonia by World Copper increased total resources by about 90% to about 198 million tonnes from a 2017 estimate, with contained copper increasing by 55% to about 1.03 billion pounds.
Escalones is about 100 kilometers from Santiago. Its PEA (preliminary economic assessment) estimates an inferred resource of 426 million tonnes of 0.367% copper, containing 3,447 pounds of copper. A coming catalyst includes a preliminary
feasibility study (PFS) of Zonia&#39;s main deposit.
<h2>The Catalyst: An &#39;Underappreciated&#39; Critical Mineral</h2>
EVs use more than three times as much copper, a preferred material for electrical conductors, as gas-burning cars. New copper production &mdash; and investment in exploration &mdash; will be needed to fuel the supply of those vehicles in the long term, analysts have said.
BMI analysts believe copper deficits could grow at an extreme pace over the coming decade as the clean energy revolution takes hold, predicting prices of US$11,500 per ton by 2032.
&quot;In the longer term, we expect the copper market to remain in deficit as the green transition accelerates along with the demand for &#39;green&#39; metals, including copper&quot; BMI&#39;s analysts said, according to Stockhead.
&quot;Based on industry-wide capital intensity data, we calculate that some US$196 billion of investment will be required&quot; a market analysis issued by RFC Ambrian said. &quot;Of this, US$80 billion is for greenfield projects, and US$116 billion is for brownfield projects, of which US$71 billion is simply for replacement capacity. A further US$35 billion of investment will be required to close the supply gap.&quot;
An S&amp;P report called copper &quot;one of the most underappreciated critical minerals.&quot;
&quot;Deeper electrification requires wires, and wires are primarily made from copper&quot; the report said.
Billionaire Robert Friedland, founder and executive co-chairman of Ivanhoe Mines Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ivpaf#OTC">IVPAF</a>), has told Bloomberg that he feared copper prices could jump tenfold eventually.
&quot;We&#39;re heading for a train wreck here&quot; he said.
<h2>New Committee Members</h2>
According to the company, Joe Phillips has a &quot;distinguished track record in achieving revenue, profit, and business growth objectives for mining and manufacturing companies in the U.S. and 10 other countries globally. He has successfully built 14 mining projects in 11 different jurisdictions.&quot;
He was chief operating officer of Minera Tres Valles in Chile, where he designed and implemented the upgrade and expansion of its SX-EW copper operation, and has held senior management roles at Pan American Silver&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/paas#NYSE">PAAS</a>), Coeur Mining (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>), and Carpathian Gold.
Phillips holds an undergraduate degree from the Colorado School of Mines and graduate studies in engineering management at the University of South Florida.
Derek White has more than three decades of experience in the mining and metals industry, World Copper said. Currently, he is president and CEO of Ascot Resources Ltd. Highlights of his career include the development and construction of the Carlota copper oxide mine in Arizona, Premier gold mine in British Columbia, and the world-class Sierra Gorda mine in Chile.
He has an undergraduate degree in Geological Engineering from the University of British Columbia and is also a chartered accountant, the company said.
<h2>Ownership and Share Structure</h2>
Wealth Minerals Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/wmllf#OTC">WMLLF</a>) owns about 11.51% of World Copper. About 27% is owned by management and insiders, including Director Robert Kopple with 8.37% and Board Chairman Hendrik van Alphen with 1.14% or 3.25 million shares. CEO Neal holds about 0.96%. The rest is retail.
Its market cap is CA$26.88 million. It has 178 million shares outstanding, including 126 million of them free-floating. It trades in a 52-week range of CA$0.20 and CA$0.055.
Important Disclosures:
<ol>
<li>World Copper Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.</li>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of World Copper Ltd.</li>
<li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
</ol>

IVPAF

WCUFF

WMLLF

Copper Explorer Gathers Experts for 'Untapped' Ariz. Project

Friday is shaping up to be one of the strongest days for metal commodities in recent years. Gold climbed over 1.7% toward a record-high close above $2,400 per ounce, silver surged more than 6% to its highest level since February 2013, and copper hit <a href="https://www.benzinga.com/topic/mining">an all-time high.</a>
What Happened: In a week marked by diminishing inflation fears, the case for Federal Reserve rate cuts strengthened. Additionally, news of a broad-based Chinese stimulus to support the struggling real estate sector sent metal commodities skyrocketing. Beijing announced measures such as reducing down payments for homebuyers and a state-financed package to convert unsold<a href="https://www.benzinga.com/markets/asia/24/05/38895805/china-goes-all-in-as-beijing-vows-to-buy-unsold-properties-chinese-stocks-rally-copper-hits-all-time"> properties into social housing.</a>
Copper, extremely sensitive to China&#8217;s economic health as the country is the top purchaser of the red metal, rallied 4% to above $5 a pound. This surge marked a fresh weekly all-time high and its strongest day since November 2022.
Precious metals like silver and gold positively reacted to both interest-rate and Chinese-related developments. Silver spiked above $30, breaking out of a triple-top resistance pattern.
Chart: Copper Hits All-Time High
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17151239/image-75-1024x495.png" alt="" class="wp-image-344275" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17151239/image-75-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17151239/image-75-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17151239/image-75-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17151239/image-75-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17151239/image-75.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Expert Insights on Metal Commodities</h3>
According to Otavio Costa, macro strategist at Crescat Capital, central banks are &#8220;acquiring gold to enhance the quality of their international reserves and thereby strengthen the credibility of their monetary systems.&#8221; 
He highlighted that unlike many investors and traders, central banks have a long-term perspective, meaning that &#8220;the accumulation of gold by these institutions is just beginning.&#8221;
According to analysts at Goldman Sachs, copper remains a focus amid an ongoing short squeeze that has sent futures to record highs. The investment bank maintains a positive outlook on copper, citing the market&#8217;s structural deficit and forecasting a 20% increase from current levels.
Jeff Currie, former Goldman Sachs commodities strategist and now chief strategy officer of energy pathways at Carlyle Group, stated in a Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-05-17/jeff-currie-says-copper-is-the-best-trade-he-s-seen-in-his-career?sref=TBDibEcD">interview </a>that the red mental still has more room to run, emphasizing copper&#8217;s importance in powering electric vehicles, updated grids and AI data centers.
Chart: Silver Notches Best-Performing Week Since August 2020
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17152107/image-76-1024x495.png" alt="" class="wp-image-344292" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17152107/image-76-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17152107/image-76-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17152107/image-76-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17152107/image-76-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/17152107/image-76.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Mining Stocks Surge</h3>
The rally in metal commodities fueled broad-based gains on mining stocks. 
<ul>
<li>The SPDR S&amp;P Metals &amp; Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>) rose 1.8% reaching April 2022 highs. Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) and Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) were the top gainers among miners, both up by 11%. </li>
</ul>
<ul>
<li>The Global X Copper Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COPX#NYSE">COPX</a>) skyrocketed 4.3%, hitting a record high since the fund&#8217;s inception in 2010. Taseko Mines Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGB#NYSE">TGB</a>), Ero Copper Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ERO#NYSE">ERO</a>), and First Quantum Minerals Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FM#NYSE">FM</a>) were the fund&#8217;s top performers, up 7.3%, 6.8% and 6.6%, respectively</li>
</ul>
<ul>
<li>The Global X Silver Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIL#NYSE">SIL</a>) rose 5%, reaching April 2022 highs. Besides Coeur Mining and Hecla Mining Company, Endeavour Silver Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXK#NYSE">EXK</a>) also performed strongly, up 10%. </li>
</ul>
<ul>
<li>The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) surged 3%, also reaching April 2022 highs, with New Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGD#NYSE">NGD</a>) topping the performance among gold miners, up nearly 12%.</li>
</ul>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38894659/bank-of-americas-contrarian-guru-unveils-best-portfolio-hedge-against-hard-landing-">Bank Of America&#8217;s Contrarian Guru Unveils Best Portfolio Hedge Against Hard Landing: &#8216;No One Is Long&#8217;</a>
Photo: Shutterstock

Silver Rockets To 11-Year Highs, Copper Hits Record Peak, Gold Approaches Historic Close: Mining Stocks' Wild Ride

Shares of precious metals stocks are trading higher amid strength in gold and silver.

U.S. stocks were mixed, with the Dow Jones gaining around 0.1% on Friday.
Shares of Despegar.com, Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) rose sharply during Friday's session after the company reported <a href="https://www.benzinga.com/quote/DESP/earnings">better-than-expected quarterly sales results.</a>
Despegar.com posted GAAP earnings of 7 cents per share, versus market estimates of 15 cents per share. The company's quarterly sales came in at $173.700 million beating expectations of $171.556 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Despegar.com shares jumped 19.7% to $15.01 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) gained 19.7% to $28.41 reported stronger-than-expected financial results for the fourth quarter on Thursday.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) climbed 14.5% to $64.52 after the company announced a partnership with OpenAI.</li>
<li>Ouster, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) gained 14.4% to $13.36.</li>
<li>CureVac N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVAC#NASDAQ">CVAC</a>) jumped 12.1% to $3.90</li>
<li>Autolus Therapeutics plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUTL#NASDAQ">AUTL</a>) rose 11.3% to $4.53 following first-quarter results.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) climbed 9.4% to $4.41.</li>
<li>Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) surged 8.6% to $5.97.</li>
<li>Endeavour Silver Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXK#NYSE">EXK</a>) gained 8.2% to $3.79.</li>
<li>Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) shares rose 7.7% to $5.68.</li>
<li>NovaGold Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NG#NYSE">NG</a>) shares jumped 7.4% to $3.51</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) gained 6.2% to $19.01 after B of A Securities upgraded the stock from Underperform to Buy and raised its price target from $14 to $24.</li>
<li>Mesoblast Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESO#NASDAQ">MESO</a>) rose 5.6% to $7.41.</li>
<li>RBC Bearings Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBC#NYSE">RBC</a>) shares climbed 4.5% to $279.55 following fourth-quarter results.</li>
<li>DouYu International Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOYU#NASDAQ">DOYU</a>) gained 4.3% to $10.96.</li>
</ul>
Now Read This:  <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/05/38893741/jim-cramer-recommends-buying-this-sports-betting-companys-stock-i-think-its-terrific">Cramer Recommends Buying This Sports Betting Company&#8217;s Stock: &#8216;I Think It&#8217;s Terrific&#8217;</a>

ASTS

AUTL

CVAC

DESP

DOCS

DOYU

HOOD

MESO

RDDT

Despegar.com Posts Strong Sales, Joins Reddit, Robinhood And Other Big Stocks Moving Higher On Friday

Source: <a href="https://www.streetwisereports.com/article/2024/05/13/copper-explorer-gathers-experts-for-untapped-ariz-project.html?utm_medium=feed">Streetwise Reports 05/13/2024</a>
A Canadian copper company is putting together a team of experts to meet the challenge of providing the red metal needed for the energy transition. Find out which research firm has rated the stock a top performer.
As copper prices continue to rise on fears of shortages, one Canadian copper company is putting together a team of experts to meet the challenge of providing the red metal needed for the energy transition.
Vancouver-based World Copper Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/wcuff#OTC">WCUFF</a>) is focused on the exploration and development of its coppery porphyry projects in Arizona and Chile.
The Technical Advisory Committee announced Monday will work on the development of the Zonia project in Arizona to guide development issues such as permitting, construction, and ramp-up of the project.
Two committee members, mining executives Joe Phillips and Derek White, have been appointed, the company said.
&quot;The copper market is in desperate need of lower cost, faster to market copper oxide projects like Zonia&quot; said World Copper Chief Executive Officer Gord Neal. &quot;Mr. White and Mr. Phillips both understand the outstanding value proposition this asset offers and they bring a great deal of knowledge and experience in developing and building mines effectively.&quot;
<h2>A Top-5 Performer</h2>
Copper has climbed above US$10,000 a ton on the predictions of tighter supplies and rising consumption for use in electric vehicles (EVs) and power grides.
&quot;Prices of copper have risen 17% this year on fears of shortages, with aging mines forecast to struggle to keep pace with demand&quot; Mining.com reported.
ANZ Group Holdings Ltd. analysts, including Daniel Hynes, told the site that supply growth is stagnating.
Taylor Combaluzier of Red Cloud Securities has noted that Zonia &quot;has lots of untapped potential&quot; for copper.
&quot;It could either be rapidly developed for nearer-term production or potentially be expanded through exploration to increase the scale of the project&quot; Combaluzier wrote.
In March, WCU was named among Fundamental Research Corp.&#39;s (FRC) Top five performers of the week, the equity research firm reported in its March 4 note, taking the fifth spot after a week-over-week (WOW) return of 17%.
An updated mineral resource estimate (MRE) filed for Zonia by World Copper increased total resources by about 90% to about 198 million tonnes from a 2017 estimate, with contained copper increasing by 55% to about 1.03 billion pounds.
Escalones is about 100 kilometers from Santiago. Its PEA (preliminary economic assessment) estimates an inferred resource of 426 million tonnes of 0.367% copper, containing 3,447 pounds of copper. A coming catalyst includes a preliminary
feasibility study (PFS) of Zonia&#39;s main deposit.
<h2>The Catalyst: An &#39;Underappreciated&#39; Critical Mineral</h2>
EVs use more than three times as much copper, a preferred material for electrical conductors, as gas-burning cars. New copper production &mdash; and investment in exploration &mdash; will be needed to fuel the supply of those vehicles in the long term, analysts have said.
BMI analysts believe copper deficits could grow at an extreme pace over the coming decade as the clean energy revolution takes hold, predicting prices of US$11,500 per ton by 2032.
&quot;In the longer term, we expect the copper market to remain in deficit as the green transition accelerates along with the demand for &#39;green&#39; metals, including copper&quot; BMI&#39;s analysts said, according to Stockhead.
&quot;Based on industry-wide capital intensity data, we calculate that some US$196 billion of investment will be required&quot; a market analysis issued by RFC Ambrian said. &quot;Of this, US$80 billion is for greenfield projects, and US$116 billion is for brownfield projects, of which US$71 billion is simply for replacement capacity. A further US$35 billion of investment will be required to close the supply gap.&quot;
An S&amp;P report called copper &quot;one of the most underappreciated critical minerals.&quot;
&quot;Deeper electrification requires wires, and wires are primarily made from copper&quot; the report said.
Billionaire Robert Friedland, founder and executive co-chairman of Ivanhoe Mines Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ivpaf#OTC">IVPAF</a>), has told Bloomberg that he feared copper prices could jump tenfold eventually.
&quot;We&#39;re heading for a train wreck here&quot; he said.
<h2>New Committee Members</h2>
According to the company, Joe Phillips has a &quot;distinguished track record in achieving revenue, profit, and business growth objectives for mining and manufacturing companies in the U.S. and 10 other countries globally. He has successfully built 14 mining projects in 11 different jurisdictions.&quot;
He was chief operating officer of Minera Tres Valles in Chile, where he designed and implemented the upgrade and expansion of its SX-EW copper operation, and has held senior management roles at Pan American Silver (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/paas#NYSE">PAAS</a>), Coeur Mining (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>), and Carpathian Gold.
Phillips holds an undergraduate degree from the Colorado School of Mines and graduate studies in engineering management at the University of South Florida.
Derek White has more than three decades of experience in the mining and metals industry, World Copper said. Currently, he is president and CEO of Ascot Resources Ltd. Highlights of his career include the development and construction of the Carlota copper oxide mine in Arizona, Premier gold mine in British Columbia, and the world-class Sierra Gorda mine in Chile.
He has an undergraduate degree in Geological Engineering from the University of British Columbia and is also a chartered accountant, the company said.
<h2>Ownership and Share Structure</h2>
Wealth Minerals Ltd. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/wmllf#OTC">WMLLF</a>) owns about 11.51% of World Copper. About 27% is owned by management and insiders, including Director Robert Kopple with 8.37% and Board Chairman Hendrik van Alphen with 1.14% or 3.25 million shares. CEO Neal holds about 0.96%. The rest is retail.
Its market cap is CA$26.88 million. It has 178 million shares outstanding, including 126 million of them free-floating. It trades in a 52-week range of CA$0.20 and CA$0.055.
Important Disclosures:
<ol>
<li>World Copper Ltd. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.</li>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of World Copper Ltd.</li>
<li>Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
</ol>

The stock market is poised to mark a third consecutive session of gains, with major indices all trading in the green during midday trading in New York on Monday, as traders continue to react positively to quarterly earnings and the Federal Reserve&#8217;s unexpectedly dovish stance <a href="https://www.benzinga.com/economics/macro-economic-events/24/05/38584705/federal-reserve-takes-cautious-stand-on-inflation-powell-signals-preference-for-r">in its latest meeting.</a>
For Q1 2024, 80% of S&amp;P 500 companies have disclosed actual results, with over three quarters of them surpassing EPS estimates and 61% exceeding revenue estimates, according to FactSet.
The S&amp;P 500 rose by 0.4%, with the tech-heavy Nasdaq 100 showing a similar daily surge. Small caps, as measured by the iShares Russell 2000 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), outperformed large caps, rising by 1.2%.
Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) surged over 6% ahead of its Q1 results, set to be released after the market closes. The broader chipmaker industry, as tracked by the iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>), rose 1.7%, showing solid gains. 
Commodities performed strongly overall, with natural gas prices surging nearly 6% to a 4-month high. West Texas Intermediate (WTI) light crude oil rose by 1%, on track to break a 5-day losing streak. 
Crude oil faced notable volatility around 12:47 EDT as gains were initially trimmed on news of Hamas accepting a ceasefire proposal, but then it partially recovered those losses after Israeli Forces stated that Hamas had agreed to a modified version not accepted by Israel.
Gold and silver also saw robust demand, with gold up over 0.7% and silver rallying about 3%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) softened 0.8%, with prices retracing after testing the 50-day moving average resistance at $65,500-$65,900 levels.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,065.27</td>
<td>1.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,002.16</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,156.88</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>38,736.04</td>
<td>0.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. EDT </figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.6% to $514.40, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.2% to $387.45 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.6% to $437.98, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.3%, followed by the Industrials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>), up 0.8%. The Consumer Staples Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) was the major laggard, down 0.4%.
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul>
<li>Tyson Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSN#NYSE">TSN</a>) fell over 7%, after the company missed the Street&#8217;s revenue estimates last quarter.</li>
<li>Other companies reacting to earnings were Loews Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>) up 1.6%, CNA Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>) up 0.5%, Jones Lang LaSalle Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) up 4%, Freshpet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRPT#NASDAQ">FRPT</a>) up over 6%, Brookfield Renewable Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEPC#NYSE">BEPC</a>) up 3%, and Integra LifeSciences Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IART#NASDAQ">IART</a>) down 21%,</li>
<li>Gold and silver miners rallied sharply Monday, on the heels of surging metal prices. The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) was up 2.4%, while the Global X Silver Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIL#NYSE">SIL</a>) rocketed 2.9%. Notable outperformers for the industry were Coeur Mining Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>), Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) and Fortuna Silver Mines Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSM#NYSE">FSM</a>) all screening a 5% surge.</li>
<li>Shares of Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>) rose over 5% following a report by The New York Times on Sunday, indicating that the special committee approved initiating deal discussions with Sony and Apollo.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) fell over 12% after it rallied by about 50% over the last two sessions. </li>
<li> Companies reporting after the close include ADTRAN Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>), Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>), Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>), FMC Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>), Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), Lumentum Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), The Williams Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>), Vornado Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VNO#NYSE">VNO</a>). </li>
</ul>
Read now: <a href="https://www.benzinga.com/news/24/05/38648277/tesla-lays-off-more-employees-over-weekend-report">Tesla Lays Off More Employees Over Weekend: Report</a>
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Stocks On Track For Third Green Session, Palantir Ignites Rally In Chipmakers, Commodities Rebound: What's Driving Markets Monday?

Coeur Mining shares are trading higher amid strength in gold prices.

During the last three months, 5 analysts shared their evaluations of Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>), revealing diverse outlooks from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Coeur Mining, presenting an average target of $4.58, a high estimate of $5.50, and a low estimate of $3.75. This upward trend is apparent, with the current average reflecting a 18.04% increase from the previous average price target of $3.88.
<img src="https://www.benzinga.com/files/images/story/2024/1714766431_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Coeur Mining among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kevin O'Halloran</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$5.50</td>
<td>$4.25</td>
</tr>
<tr>
<td>Kevin O'Halloran</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$4.25</td>
<td>$3.50</td>
</tr>
<tr>
<td>Joe Reagor</td>
<td>Roth MKM</td>
<td>Announces</td>
<td>Buy</td>
<td>$5.40</td>
<td>-</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$4.00</td>
<td>$3.75</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$3.75</td>
<td>$4.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Coeur Mining. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Coeur Mining compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Coeur Mining's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Coeur Mining's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CDE/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coeur Mining analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Delving into Coeur Mining's Background</h2>
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada Mexico, and North America.
<h3>Financial Milestones: Coeur Mining's Journey</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Coeur Mining's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 24.74% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: Coeur Mining's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -9.73%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Coeur Mining's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -2.46%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Coeur Mining's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -1.23%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Coeur Mining's debt-to-equity ratio surpasses industry norms, standing at 0.54. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>Analyst Ratings: Simplified</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

In-Depth Examination Of 5 Analyst Recommendations For Coeur Mining

BMO Capital analyst Kevin O'Halloran upgrades Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) from Market Perform to Outperform and raises the price target from $4.25 to $5.5.

Upgrades

Price Target

BMO Capital Upgrades Coeur Mining to Outperform, Raises Price Target to $5.5

Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) reported quarterly losses of $(0.05) per share which met the analyst consensus estimate. The company reported quarterly sales of $213.100 million which missed the analyst consensus estimate of $223.800 million by 4.78 percent. This is a 13.78 percent increase over sales of $187.298 million the same period last year.

Earnings

Earnings Misses

Coeur Mining Q1 2024 GAAP EPS $(0.05), Inline, Sales $213.100M Miss $223.800M Estimate

Guidance

Coeur Mining Expects FY24 Production Of 95,000-103,000 Ounces Of Hold And 5.9-6.7 Million Ounces Of Silver

Coeur Mining: A Mediocre Q1, But A Much Better H2 On Deck

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Fundamentally, the bull case for precious metals miner Coeur Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) zeroes in on an opportunistic narrative. Inflation will likely rise,...

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