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Couer Mining (CDE) Stock Climbs, Upgraded at RBC Capital

NEW YORK (TheStreet) -- Shares of Couer Mining (CDE) are gaining 3.38% to $13.45 late Thursday morning as RBC Capital Markets raised its rating on the stock to "outperform" from "sector perform," the Fly reports.

The firm also boosted its price target to $18 from $9 on shares of the Chicago-based gold and silver producer.

RBC Capital expects Couer Mining's fundamentals and free cash flow potential to continue to improve in the next 6 months to 12 months, according to the Fly.

The firm sees the...