- Couer Mining is one of the top-performing precious metals stocks this month, up over 40%.
- The company continues to be one of the few silver producers operating out of predominantly Tier-1 jurisdictions, making the stock a solid selection for those looking for low risk options.
- However, the stock is now trading closer to fair value, at a share price of $10 and projected FY2021 annual EPS of $0.70.
- Therefore, while there is certainly more long-term upside if the price of silver can get back above $30/oz, I would not be chasing the stock if we head back above $10.30.
For further details see:
Couer Mining: Valuation No Longer Attractive