Coeur D'Alene Mines Reaches New 52-Week High (CDE)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Coeur D'Alene Mines Corporation (NYSE: CDE) hit a new 52-week high Wednesday as it is currently trading at $30.98, above its previous 52-week high of $30.97 with 479,975 shares traded as of 11:36 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Coeur D'Alene Mines has a market cap of $2.72 billion and is part of the basic materials sector and metals & mining industry. Shares are up 25.4% year to date as of the close of trading on Tuesday.

Coeur d'Alene Mines Corporation, together with its subsidiaries, engages in the ownership, operation, exploration, and development of silver and gold mining properties primarily located in the United States, Mexico, Bolivia, Argentina, and Australia. The company has a P/E ratio of 39.3, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Coeur D'Alene Mines as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Coeur D'Alene Mines Ratings Report.

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