CRN 2.37% $1.19 coronado global resources inc.

Coal outputCoronado shares rocketed 8.9 per cent to $1.29,...

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    Coal output

    Coronado shares rocketed 8.9 per cent to $1.29, Whitehaven jumped 6.3 per cent to $8.13 and Stanmore rallied 5.1 per cent to $3.72.

    “The loss of production from this mine will tighten the approximately 90 million of tonnes per annum [of the] seaborne PLV metallurgical coal market,” Jefferies analysts wrote in a note to clients.

    From afr
 
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