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Core Natural Resources Updates on Leer South Mine Operations

Story Highlights
  • Core Natural Resources aims to resume longwall operations at Leer South mine after a combustion event.
  • Despite delays, Core expects insurance recoveries over $100 million and maintains sales guidance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Core Natural Resources Updates on Leer South Mine Operations

Elevate Your Investing Strategy:

The latest announcement is out from Core Natural Resources ( (CNR) ).

On June 30, 2025, Core Natural Resources announced updates on efforts to resume longwall operations at its Leer South mine following a combustion-related event in January. The company re-entered the mine on June 10, re-established ventilation, and inspected equipment, finding it largely unaffected. However, elevated carbon monoxide levels led to a temporary reseal on June 26. Core is working with officials to reposition and restart the longwall system within four months, maintaining its 2025 coking coal sales volume guidance. The company expects insurance recoveries exceeding $100 million, despite the delayed restart.

The most recent analyst rating on (CNR) stock is a Buy with a $109.00 price target. To see the full list of analyst forecasts on Core Natural Resources stock, see the CNR Stock Forecast page.

Spark’s Take on CNR Stock

According to Spark, TipRanks’ AI Analyst, CNR is a Outperform.

Core Natural Resources maintains a robust balance sheet and positive earnings call sentiment with significant synergy achievements. However, declining margins, free cash flow challenges, and mixed technical indicators present ongoing risks. Valuation is reasonable but not overly compelling.

To see Spark’s full report on CNR stock, click here.

More about Core Natural Resources

Core Natural Resources, Inc. is a leading producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals. The company operates a top-tier portfolio, including the Pennsylvania Mining Complex, Leer, Leer South, and West Elk mines, with a focus on seaborne markets. Core plays a crucial role in meeting global demands for steel, infrastructure, and energy, and holds ownership interests in two marine export terminals. The company was established in January 2025 through the merger of CONSOL Energy and Arch Resources and is headquartered in Canonsburg, Pennsylvania.

Average Trading Volume: 897,041

Technical Sentiment Signal: Sell

Current Market Cap: $3.57B

See more data about CNR stock on TipRanks’ Stock Analysis page.

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