CRN coronado global resources inc.

Divergence

  1. 72 Posts.
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    Just an amazing divergence between every major commodity skyrocketing and Coking coal languishing at such depressed levels. Coking coal over the past decade has a near 90% correlation with thermal, yet this correlation has fallen to near zero. Iron Ore, also a key ingredient in steel making like coking coal, at decade highs while coking coal prices are depressed. I would be very surprised if this divergence doesn't correct itself, most likely with a strong rebound in coking prices which would put a rocket under CRN.
 
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Last
35.0¢
Change
-0.020(5.41%)
Mkt cap ! $586.7M
Open High Low Value Volume
35.5¢ 37.5¢ 34.8¢ $30.29M 86.23M

Buyers (Bids)

No. Vol. Price($)
3 112000 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 23416 1
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Last trade - 16.15pm 19/09/2025 (20 minute delay) ?
CRN (ASX) Chart
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