Should You Buy Coeur Mining Stock For Its Cash?
Coeur Mining (CDE) stock currently trades 37.9% below its high of the past two years, presenting a different equation for prospective buyers. The company has generated free cash flow over the last twelve months that now equals 6.8% of its market value, compared with 4.5% for the median S&P 500 company. A yield that high typically signals either a discounted asset or a business the market expects to shrink. So is Coeur's cash growing or shrinking.