BMO Capital Markets Comments on Coeur D'Alene Mines

BMO Capital Markets provided color on Couer D'Alene Mines CDE in a research report published today. BMO Capital Markets has previously given Couer D'Alene Mines a $38 price target and an Outperform rating. In the report, BMO Capital Markets states, "While the EPS miss appears significant, if sales had been in line with Q2 production and pre-stripping costs capitalized (as is usually the case for development projects), EPS would have been closer to consensus and the BMO estimate." Shares of Couer D'Alene Mines were trading at $23.76, down 2.86% from Friday's market close.