Coeur Mining price target raised to $4.25 from $3.50 at BMO Capital

BMO Capital analyst Kevin O’Halloran raised the firm’s price target on Coeur Mining to $4.25 from $3.50 and keeps a Market Perform rating on the shares. The firm is citing the announcement that the company’s expanded Rochester mine achieved commercial production as of March 31 following the completion of commissioning the new crushing circuit and truck load facility on March 7 and that the ramp-up to full capacity of 88ktpd is on schedule.