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Coeur Mining Breaks Above 200-Day Moving Average – Bullish for CDE

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In trading on Friday, shares of Coeur Mining Inc (Symbol: CDE) crossed above their 200 day moving average of $8.44, changing hands as high as $8.61 per share. Coeur Mining Inc shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of CDE shares, versus its 200 day moving average: Coeur Mining Inc 200 Day Moving Average Chart

Looking at the chart above, CDE’s low point in its 52 week range is $6.71 per share, with $12.30 as the 52 week high point – that compares with a last trade of $8.58. According to the ETF Finder at ETF Channel, CDE makes up 7.40% of the Silver Miners ETF (Symbol: SIL) which is trading higher by about 1.4% on the day Friday.

Click here to find out which 9 other metals stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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