Couer d'Alene A Buy According To Jefferies

Couer d'Alene Mines

is reaffirmed as a Buy from Jefferies, which writes “[We] are pleased to see Coeur report favorable results on exploration drilling at Palmarejo, Joaquin and Rochester. Joaquin looks attractive, especially considering it is located between Andean Resources' Cerro Negro project (highlight of the recent bidding war between GoldCorp and Eldorado Gold) and Hochschild's San Jose mine. Drilling at Horrible vein at Kensington property is returning favorable results.” Jefferies also maintains its $20 price target. Couer d'Alene Mines closed yesterday at $19.28.