Coeur D Alene Mines News

Coeur d`Alene Mines Corporation is a very interesting silver play, which was on my list to buy.

I have penned quite a few articles on gold miners over the past few months as the sector has not moved up in line with the huge increase in gold prices over the last five years.

Some shareholders have sued Hecla Mining Co. for stock losses they endured after the federal government shut down the Lucky Friday Mine for safety violations.The Bricklayers of Western Pennsylvania Pension Plan this week filed the lawsuit in federal court in Idaho against Hecla, which is based in Coeur d'Alene.Hecla announced on Jan.

Posted in : Long Ideas , Sector ETFs , News , Short Ideas , Futures , Commodities , New ETFs , Intraday Update , Markets , Trading Ideas , ETFs , Best of Benzinga Despite a strong January jobs report, the iShares Silver Trust , the largest ETF backed by physical holdings of the white metal, is trading lower by almost 2%. That may just a minor blip ... (more)

Coeur d Alene Mines Corp was upgraded by Zacks Investment Research from an "underperform" rating to a "neutral" rating in a research report issued to clients and investors on Tuesday.

The silver market remains highly volatile, however, as the year-long trend of high silver prices has caused a surge in the supplies of silver scrap from recycling and other sources - leading some analysts to warn of a possible oversupply.