CRN 3.45% $1.20 coronado global resources inc.

New Hope SP jumps today on size of divi (30c inc special)....

  1. 2,458 Posts.
    lightbulb Created with Sketch. 694

    New Hope SP jumps today on size of divi (30c inc special). Surprise!.
    NH producing ~8-10m with margin (even elevated ~A$120-140/t)
    Implied EBITDA ~$1b
    Market Cap $2.5b = 2.5x EBITDA

    CRN saleable production ~18.5mmt (guidance) with margin @ US$300 around A$250-300/t using guidance costs. Current pricing ~$5-600/t with risk of extended elevation.
    Implied EBITDA ~ $4-5b+
    Market Cap $3.5b = <1 x EBITDA

    New Hope kicks again today. CRN still hanging about.

    https://hotcopper.com.au/data/attachments/4193/4193871-f154609ac14f2ad1e41b3f4d1591f78d.jpg
 
watchlist Created with Sketch. Add CRN (ASX) to my watchlist
(20min delay)
Last
$1.20
Change
0.040(3.45%)
Mkt cap ! $2.011B
Open High Low Value Volume
$1.17 $1.20 $1.16 $6.478M 5.441M

Buyers (Bids)

No. Vol. Price($)
4 43323 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.20 367838 5
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
CRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.