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Friday, May 18, 2012

Potential Takeover Candidate? (NYSE: CDE)

Shares of CDE fell by 0.60% or $-0.1/share to $16.70. NYSE is trading at a price to book ratio of 0.71. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.2 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.47. On average, 1612150 shares of CDE exchange hands on a given day and today's volume is recorded at 405116. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Coeur d?Alene Mines Corporation (Coeur) is a silver producer with gold production and has assets located in the United States, Mexico, Bolivia, Argentina and Australia.