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-0.000934524852520401 0.00110390748203952 0.000525670229542687 0.0022779043280181 -0.000934524852520401 0.00607441154138188 0.00753460662344476 0.00461421645931879
Stock impact report

Coeur Mining (CDE) Climbs 9.5% as Fed Rate Cut Bolsters Silver, Gold [Yahoo! Finance]

Coeur Mining, Inc. (CDE) 
Last coeur mining, inc. earnings: 4/22 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.coeur.com
Company Research Source: Yahoo! Finance
Coeur Mining rebounded by 9.46 percent on Thursday to finish at $17.48 apiece as investors took heart from the jump in spot prices of silver and gold during the day, supported by the Federal Reserve's official decision to cut interest rates. Typically, rate cuts favor precious metals as they weaken the US dollar, making it cheaper for foreign investors to buy silver and gold, and thus benefitting mining companies like Coeur Mining, Inc. (NYSE:CDE). The rally was likewise buoyed by the successful exploration of resources at its Palmarejo gold-silver complex in Chihuahua, Mexico. In a statement, Coeur Mining, Inc. (NYSE:CDE) said that the ongoing drilling program successfully identified numerous resource growth opportunities, particularly strong gold and silver grades, particularly at the San Juan vein along the Hidalgo corridor. According to the company, it has so far drilled only 3 percent of the 300-square-kilometer land area, and the initial drilling results suggest that th Show less Read more
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