Coronado Shares Slide 3 3 As Guidance Reduced Capital Brief

Coronado Shares Slide 3.3% As Guidance Reduced — Capital Brief

Coronado Shares Slide 3.3% As Guidance Reduced — Capital Brief Shares in metallurgical coal miner coronado have slid 3.34% in early trading after the company reduced its fy23 guidance. geological and operational issues took a toll on expected production which in turn increased mining costs already elevated due to broader inflationary pressures, the miner said. With our strong balance sheet, long life assets, and growth potential, we have a long term future. browse coronado global resources presentations, reports and webcasts, including financial reports, investor presentations.

Snap Shares Slide On Weak Guidance — Capital Brief

Snap Shares Slide On Weak Guidance — Capital Brief Coronado global resources inc. (“coronado”, the “company” asx: crn) today announces an update to market guidance for the financial year ending 31 december 2024 (“fy24”). Shares in coronado global resources sank after the coal miner swung to a full year net loss of $108.9 million, down from net income of $156.1 million a year earlier. Coronado global resources news including coronado posts first half loss amid low coal prices, coronado global resources confirms talks over asset sales, coronado strikes coal supply deal with stanwell for $230m. Coal miner coronado global resources has lowered its production guidance and increased expected costs for the year ending december 2024, after rainfall impacted its operations in queensland.

Judo Capital Shares Rise After Reaffirming Guidance — Capital Brief

Judo Capital Shares Rise After Reaffirming Guidance — Capital Brief Coronado global resources news including coronado posts first half loss amid low coal prices, coronado global resources confirms talks over asset sales, coronado strikes coal supply deal with stanwell for $230m. Coal miner coronado global resources has lowered its production guidance and increased expected costs for the year ending december 2024, after rainfall impacted its operations in queensland. Fitch has simultaneously affirmed the 'bb ' rating on the us dollar senior secured notes issued by crn's wholly owned subsidiary, coronado finance pty ltd, with a recovery rating (rr) of 'rr2'. The company adjusted its production and cost guidance, aligning curragh’s capacity with revised production volumes, reducing fleet sizes, and enhancing dragline productivity to offset increased operational costs. Browse coronado global resources inc. australian securities exchange (asx) announcements by year or search for keywords. In response to the revised production outlook, shares of coronado global resources took a steep dive, plummeting 16% to 92¢. investors reacted sharply to the news, with the market quickly adjusting to the reality of diminished output.

Understanding Coronado Global Resources: A Guide for Investors | ASX