Loading ...They should have never changed the name. Coeur d’Alene sounded nice. Coeur sounds stupid. I knew when they changed the name it would hurt the stock. Why didn’t they name it Coors to remind people of beer from Colorado? 🙂
Same thing happened to Smith & Wesson when they changed it to American Outdoor Brands corp. It just kept dropping. So now they are going to separate them. Announced. Back to Smith & Wesson soon and it started climbing again. Remember Sunshine Mining?? Some people like a stock with a nice name. CDE needs much higher Silver prices
“Until about four years ago, Coeur Mining was known as Coeur d’Alene Mines Corporation. It was only in May 2013 that the company changed its name to the simpler Coeur Mining, Inc., as we know it today, as it shifted its state of incorporation from Idaho, where it was originally incorporated in 1923, to Delaware.”
Look at CDE chart after 2013:
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cde&insttype=&freq=2&show=&time=13