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Coeur D’Alene Mines Tuesday, June 12, 2007

Posted by ei-forum in US Traded Stocks.
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Coeur D’Alene Mines Corp Idaho (CDE) primarily explores for silver, gold, lead, and zinc deposits. It does so either directly or through wholly-owned subsidiaries and owns leases and has interests in certain exploration-stage mining properties located in the United States, Chile, Argentina, Bolivia and Tanzania.

Not only is this a play on the fact that the world has nearly run out of silver but it is also interesting as a hedge against economic downturn and the current pressure on financial markets and the USD. Today, Silver may be one of the best investment opportunities out there.

We feel that practically all of the fundamentals are in place for e serious move in the stock price not only in the coming months but years to come.

Some interesting figures:

  • Net Working Capital: 3.27
  • Fixed Working Capital: 1.90
  • Current Ratio: 16.78
  • Interest Coverage: 0
  • Quick Ratio: 15.02
  • Cash Ratio: 14.54
  • ROA: 10.44
  • ROE: 16.35
  • Net Margins: 34.82
  • Operating Margins: 30.01

We currently believe that at 3.58 USD the shares are very interesting (average current analyst target price is 5.49).

Please click here to watch an interesting interview with the CEO of CDE.

Please read our disclaimer.

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