Coeur Mining (CDE) Stock Climbs as Gold Prices Rally

Gold prices are up this afternoon, positively impacting Coeur Mining stock.
By Rachel Aldrich ,

NEW YORK (TheStreet) -- Shares of Coeur Mining (CDE) - Get Report  are rising 6.62% to $13.28 this afternoon as gold and silver prices increase.

Gold for August delivery is up 0.97% to $1,332.10 per ounce on the COMEX and silver for September delivery is gaining 1.39% to $19.89 per ounce.

The U.S. dollar is weaker today after hitting four-month highs on Wednesday, nudging gold and silver prices higher.

Weakness in U.S. equities also helped increase prices for the precious metals, which dipped to one-month lows yesterday.

Coeur Mining is a Chicago-based silver and gold producer.

Separately, TheStreet Ratings rated this stock as a "sell" with a ratings score of D.

The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins.

You can view the full analysis from the report here: CDE

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

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