Boston, MA 03/04/2014 (wallstreetpr) – Coeur Mining Inc (NYSE:CDE) had its stock rating upgraded by analysts at Thomson Reuters/Verus. The analysts now have the stock of CDE at a “hold” position, up from the “sell” position that they had viewed the stock in the previous coverage. On average, analysts have a price target of $11.83 on the stock of CDE and consensus rating of “hold.” These represent views from about 10 rating firms that are currently covering the stock. CDE reported loss in its most recent quarter. It suffered loss per share of 25 cents, yet analysts modeled a loss of 16 cents for the quarter. The revenue was not any better as it came in at $168.8 million, compared with $188.43 million that was realized in the corresponding quarter a year ago. Shares of Coeur Mining Inc (NYSE:CDE) were a source of good news, changing hands at $11.26 to bell time after gaining $2.36 percent in the day.
MBIA Inc. (NYSE:MBI)’s facts and figures for the fourth quarter trading period were laid bare Monday as the company released earnings report. MBI posted profit of $132 million, reflecting 68 cents per share. That was down from $636 million or $3.26 per share that was realized in the corresponding quarter of the previous year. On the other hand, analysts modeled $0.06 earnings per share for the quarter. Note however, that analysts’ estimates usually exclude special items. MBIA reported consolidated revenue of $458 million, lower than $732 million in the previous year. The total premiums were $457 million in the most recent quarter, compared with $605 million in the corresponding quarter a year ago. Shares of MBIA Inc. (NYSE:MBI) were down 1.7 percent to $13.32 by bell time Monday.
AuRico Gold Inc (NYSE:AUQ), a gold producer with mines in North America, announced its fourth quarter and full-year financial performance results Monday. The company reported revenue of $50.8 million in the fourth quarter and revenue of $227.6 million in 2013. AUQ suffered loss of $106.4 million, reflecting 43 cents per share in the fourth quarter. The full year loss was $176.8 million, or 71 cents per share. However, share of AuRico Gold Inc (NYSE:AUQ) were up 1.22 percent to $4.98.
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