Coeur Mining coverage transferred at National Bank

National Bank transfers its coverage of Coeur Mining (CDE) to analyst Alex Terentiew, who rates the stock at Outperform with a $12 price target The firm’s research note on Metals & Mining is positive on the price of silver while also noting that silver-focused mining companies are currently undergoing significant positive transformations as balance sheets have improved, the analyst tells investors in a research note. With a diversified portfolio of assets that is poised to deliver increasingly stable, high-margin cash flow, further strengthening its already strong balance sheet, Coeur is well positioned to consider increased shareholder returns, the firm added.