
Why Coeur Mining Inc. (CDE) Surged On Thursday?

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Coeur Mining Inc. (CDE) saw a 4.03% increase in share prices, closing at $5.94, as investors sought safer stocks amid market declines due to economic uncertainties. The company benefited from rising gold prices and received a 'buy' rating from TD Securities with a price target of $7. CDE also reported a 43.4% reduction in net loss and a 28% revenue increase year-on-year. Additionally, CDE recently acquired SilverCrest Metals, enhancing its market position. Despite this, some analysts suggest that AI stocks may offer greater investment potential.

