BMO Capital Markets provided color on Coeur D'Alene Mines' CDE appointments of a new CFO and COO in a research report published today. BMO Capital Markets has previously given Coeur D'Alene Mines an Outperform rating and $38 price target.
In the report, BMO Capital Markets states, "BMO Research sees the appointments of Mr. Hanagare and Mr. Hardy as a positive development, rounding out CDE's revamped management team and removing a degree of uncertainty regarding the positions."
Shares of Coeur D'Alene Mines were trading at $27.34 at the time of posting, reflecting no change from Friday's market close.
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