Coeur d’Alene Mines falls after announcing bid for Orko Silver, levels to watch The shares are down nearly 8% at time of writing after the company announced it would acquire Orko Silver Corporation in a transaction with a total value of nearly C$350 million. At the current price of $18.76, next support is at $18.21. Resistance is at $19.55.
News For CDE From The Last 14 Days
Check below for free stories on CDE the last two weeks.
On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
Coeur d’Alene Mines appoints Peter C. Mitchell as CFO Coeur d'Alene Mines (CDE) has appointed Peter C. Mitchell to Senior VP and CFO effective June 3. Mr. Mitchell has served as CFO of Taseko Mines (TGB) since September 2008..