Roth Capital Raises PT on Coeur Mining, Inc. (CDE) from $10 to $12; Maintains 'Buy' Rating

Due to strong hedge fund interest, Coeur Mining, Inc. (NYSE:CDE) is among the 11 Best Mineral Stocks to Buy According to Hedge Funds.

On July 1, 2025, Roth Capital increased its price target on Coeur Mining, Inc. (NYSE:CDE) from $10 to $12, maintaining a ‘Buy’ rating, amid favorable gold and silver prices.

The analyst forecasts that the gold price is expected to increase from the previous forecast of $3,100 to $3,294 per ounce for Q2. Meanwhile, for Q3, it is projected to increase from $2,350 to $3,300, and for Q4, Roth Capital expects it to grow from $2,300 to $3,150.

On the other hand, the analyst projects price of silver to grow from $31 to $33.22 in Q2 2025. For Q3 and Q4, respectively, the price is expected to increase from $27.65 to $35.50, and from $27.06 to $35.00 per ounce.

These price revisions come amid the strong growth momentum of gold equities, which have increased 46% on a YTD basis, while the broader market has returned a 14.54% gain. Meanwhile, Coeur Mining, Inc. (NYSE:CDE) has seen its share price gain 65.12% and 46.43% on a YTD and 1-year basis.

Operating sites in Palmarejo, Rochester, Kensington, Wharf, Silvertip, and Las Chispas, Coeur Mining, Inc. (NYSE:CDE) produces gold and silver while also exploring for silver, zinc, lead, and other related metals. It is included in our list of the Best Material Stocks.

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