Coeur Mining Inc (NYSE:CDE) Exhibits Strong Momentum and Accelerating Growth

Coeur Mining Inc (NYSE:CDE) has recently been identified by a screening method that joins Mark Minervini's strict Trend Template with a High Growth Momentum filter. This two-part method finds companies showing solid technical momentum inside confirmed uptrends, along with quickening fundamental growth. The method, made famous by expert trader Mark Minervini, centers on stocks displaying better price action, orderly trend features, and strong earnings growth, trying to find securities set for major price gains.

Technical Strength and Trend Template Alignment

Coeur Mining shows a notable technical picture that matches Minervini's Trend Template standards, made to find stocks in strong, steady uptrends. The stock's present price of $18.65 easily trades higher than all main moving averages, including the 50-day ($16.70), 150-day ($10.89), and 200-day ($9.71) simple moving averages. This tiered moving average arrangement forms a positive setup where near-term averages are ahead of long-term ones, verifying the stock's good momentum across different periods.

The moving average layout shows a classic positive formation:

• The 50-day SMA is positioned higher than both the 150-day and 200-day SMAs
• The 150-day SMA trades higher than the 200-day SMA
• All main moving averages show upward paths

This technical base is made firmer by the stock's place compared to its 52-week range. Now trading at $18.65, CDE holds a large 307% lead over its 52-week low of $4.58 while staying within 21% of its 52-week high of $23.62. This placement meets Minervini's rule that stocks trade at least 30% higher than their yearly lows while remaining under 25% of their highs, showing solid momentum without being too far along.

Exceptional Relative Strength and Market Leadership

A key part of the Minervini method is relative strength, which compares a stock's results to the wider market. Coeur Mining does very well in this important area, having a ChartMill Relative Strength ranking of 97.45. This very high score shows the stock has done better than about 97% of all stocks in the market during the last year, a trait Minervini notes as vital for finding real market leaders.

The stock's performance within its sector further highlights its leadership traits. Inside the competitive Metals & Mining field, CDE does better than 91% of its 154 competitors, showing field leadership that often comes before more good performance. This relative strength is especially notable given the stock's high absolute returns, including a 228.9% rise over six months and a 174.3% climb over the last year. These returns show the kind of fast growth Minervini looks for in his top picks.

Fundamental Growth Acceleration

The High Growth Momentum part of the screening shows sharp fundamental betterment across several measures. Coeur Mining's earnings path has changed notably, with trailing twelve-month EPS jumping 515% year-over-year to $0.54. This fast growth is even clearer on a quarterly basis, where the last quarter had a very large 2,100% year-over-year EPS rise.

The earnings momentum goes beyond past performance, with future estimates showing ongoing positive views:

• Quarterly EPS growth sped up during the last three quarters (650%, 320%, and 2,100%)
• Analysts have lifted next-year EPS estimates by 24.65% over the last three months
• The company has exceeded EPS estimates in three of the last four quarters by an average of 625%

Revenue growth pairs with this earnings jump, with trailing twelve-month revenue growing 63.7% year-over-year. The last quarter produced 116.5% sales growth compared to the same time last year, while analysts have raised next-year revenue estimates by 9.12% over the last three months. This revenue speed-up, joined with widening profit margins that hit 14.7% in the newest quarter, forms a solid fundamental setting for more share price growth.

Technical Health Assessment

According to ChartMill's full technical study, Coeur Mining gets a complete technical rating of 10 out of 10, showing very good technical health across many parts. The long-term trend stays clearly positive even with recent near-term consolidation. The study finds three main support areas, with the closest one from $18.48 to $18.64, giving a clear technical base for the present price level.

While the stock's setup rating of 5 hints current changes may offer entry difficulties for some traders, the basic technical strength stays in place. The stock keeps high liquidity with average daily volume over 15 million shares, making sure easy trade execution. For a full technical review, readers can look at the full technical analysis report.

Investment Considerations

Coeur Mining presents a notable example in Minervini's idea of joining technical quality with fundamental speed-up. The stock's match with the Trend Template standards gives the technical structure for more upside, while its sharp earnings and revenue growth provide the fundamental reason for further growth. The company's operational focus on precious metals mining in many locations adds a variety benefit, while its exploration and development plans indicate chance for ongoing growth.

Investors looking for similar fast-growth momentum chances can review other options through our specialized screening tool, which methodically finds stocks meeting both Minervini's technical standards and fast-growth fundamental levels.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute investment advice. All investment decisions should be based on individual due diligence and consultation with qualified financial professionals. Past performance does not guarantee future results, and all investments carry risk including potential loss of principal.