Coeur Trading at a Premium: Here's How to Play the Stock Now

Key Takeaways Coeur posted about $555M in Q3 revenue, up 77% YoY on stronger metal prices and higher volumes. Even contributions from five North American mines helped drive Coeur's improved performance. Coeur's cash flow and major projects support growth and boost its valuation.Coeur Mining, Inc. (CDE) is currently trading at a forward 12-month price-to-sales multiple of 6.37X, above the peer group average of 3.95X.  Image Source: Zacks Investment ResearchThe forward 12-month price-to-sales multiples for pe ...