Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from Cokal ( (AU:CKA) ).
Cokal reported that the December 2025 quarter marked a transition phase at its BBM project, with the commencement of contractor-led mining at Pit 3, the resumption of coal sales, and the completion of a 7,500-tonne shipment to PT Krakatau Posco at improved prices amid firmer coking coal markets. The company also completed trial shipments to Indonesian steel and coking customers, confirmed a 2026 production target of about 420,000 tonnes with scope to lift output, and advanced key infrastructure and haul-road upgrades, moves that position it to ramp up production in 2026 as tightening seaborne coking coal supply, particularly from weather-affected Australia, underpins pricing and supports Cokal’s efforts to strengthen its operational footing and market presence.
The most recent analyst rating on (AU:CKA) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on Cokal stock, see the AU:CKA Stock Forecast page.
More about Cokal
Cokal Limited is an Australian-listed coal company focused on metallurgical (coking) coal assets in Central Kalimantan, Indonesia. It holds significant interests in four coal tenements—Bumi Barito Mineral (BBM), Tambang Benua Alam Raya (TBAR), Borneo Bara Prima (BBP) and Anugerah Alam Katingan (AAK)—strategically located alongside major regional coking coal holdings, and operates Barito Samudera Nusantara (BSN), a fully owned logistics arm providing coal hauling and barging from mine to market.
Average Trading Volume: 708,338
Technical Sentiment Signal: Hold
Current Market Cap: A$85.24M
Find detailed analytics on CKA stock on TipRanks’ Stock Analysis page.