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Strength Seen in Coeur Mining (CDE): Can Its 7.0% Jump Turn into More Strength?

Coeur Mining (CDE) shares soared 7% in the last trading session to close at $17.42. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 39.5% gain over the past four weeks.The company’s shares have gained as gold and silver prices soared to record highs, fueled by rising expectations of additional U.S. Federal Reserve rate cuts. The Fed lowered interest rates by 25 basis points last week and indicated the potential for two more reduc ...