Thanks for posting... selling in global coal stocks has been relentless, regardless of the consensus view of imminent global recession disappearing, and regardless of company specific news/info.
Seems like 3-4x FCF is the new norm for met & thermal equities. Difficult to get large institutions buying because of ESG perception.
If willing to wait for the company to return capital then they're attractive holds.
Media report # 2, page-2
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$2.64 |
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-0.020(0.75%) |
Mkt cap ! $2.379B | |||
| Open | High | Low | Value | Volume |
| $2.67 | $2.70 | $2.63 | $3.280M | 1.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 890 | $2.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 11226 | 6 |
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