RBC Cuts Coeur Mining Stake by 16% Amid Market Volatility

Royal Bank of Canada (RBC) has reduced its stake in Coeur Mining Inc. by 16% during the first quarter, according to a recent disclosure with the Securities & Exchange Commission.

The Canadian bank owned approximately 675,043 shares of Coeur Mining's stock after selling 128,390 shares during the quarter. This represents a $12,670,000 investment in the basic materials company.

RBC owned about 0.07% of Coeur Mining at the end of the most recent reporting period.