CEY centennial coal company limited

analyst's price target of $6.48

  1. 139 Posts.
    Extract from latest Wilson HTM report on CEY (Andrew Pedlar - Analyst):

    "June quarter production was in line with expectations with mines operating well, including two with long-wall panel changes. Newstan has finally ceased mining. The proportion of CEY’s coal exported is increasing from ~30% for the year to June, to 37% for the June quarter. We expect about 50% of CEY’s revenue to be from exports this fiscal year.

    We retain our BUY recommendation with our target price ($6.48) at a 136% premium to the share price, which values CEY on 4.2x operating cash flow".

    Nice!!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.