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Coronado Global Resources Addresses Asset Sale Speculation

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Coronado Global Resources Addresses Asset Sale Speculation

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Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) has shared an update.

Coronado Global Resources Inc. has addressed media speculation regarding potential asset sales, confirming that it is in discussions about selling a minority interest in certain assets but has not received any binding proposals. The company emphasizes its commitment to shareholder value and compliance with ASX disclosure obligations, indicating no decision has been made on proceeding with any transaction.

The most recent analyst rating on (AU:CRN) stock is a Buy with a A$2.10 price target. To see the full list of analyst forecasts on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh stock, see the AU:CRN Stock Forecast page.

More about Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh

Coronado Global Resources Inc. operates in the coal industry, focusing on the production and export of metallurgical coal, which is a key component in steel manufacturing. The company is listed on the Australian Securities Exchange (ASX) and engages in activities that enhance shareholder value.

Average Trading Volume: 17,061,023

Technical Sentiment Signal: Sell

Current Market Cap: A$201.2M

See more insights into CRN stock on TipRanks’ Stock Analysis page.

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