Investigation Overview
April 28, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of Coeur Mining Inc (NYSE:CDE) was initiated concerning whether certain Coeur Mining officers and directors possibly breached their fiduciary duties in connection with certain statements.
The investigation by a law firm concerns whether certain Coeur Mining officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Coeur Mining Inc reported that its annual Total Revenue declined from over $1.02 billion in 2011 to $895.49 million in 2012 and that its Net Income fell from $93.50 million in 2011 to $48.68 million in 2012. Shares of Coeur Mining Inc (NYSE:CDE) declined from $31.14 per share in November 2012 to $9.31 per share in late March 2014.
On April 25, 2014, NYSE:CDE shares closed at $8.61 per share.