Coeur d'Alene Mines Corporation, together with its subsidiaries, engages
in the ownership, operation, exploration, and development of silver and
gold mining properties primarily located in the United States, Mexico,
Bolivia, Argentina, and Australia. Its properties include the San
Bartolome silver mine in Bolivia; the Palmarejo silver-gold mine in
Mexico; the Kensington gold mine in Alaska; and the Rochester
silver-gold mine in Nevada. The company owns and operates the Martha
silver-gold mine in Argentina, as well as owns a non-operating interest
in a silver-base metal mine in Australia. Coeur d'Alene Mines
Corporation was founded in 1928 and is based in Coeur d’Alene, Idaho.
To review Coeur d’Alene’s stock, please take a look at the 1-year chart
of CDE (Coeur d’Alene Mines Corporation) below with my added notations:
After bumping up against the $30 resistance (blue) from November through
February, CDE sold off into July. The stock rallied strongly from there
and ran into resistance again at $30. So, CDE has created a consistent
52-week high resistance at the $30 level. The stock moved above that
level this week and should be continuing higher overall from here.
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