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Coronado Global Resources Confirms Lapse of 320,866 Performance Stock Units

Story Highlights
  • Coronado Global Resources focuses on producing metallurgical coal for steelmaking markets.
  • The company announced 320,866 performance stock units lapsed after conditions were not met.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coronado Global Resources Confirms Lapse of 320,866 Performance Stock Units

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Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) just unveiled an announcement.

Coronado Global Resources Inc. has notified the market that 320,866 performance stock units, trading under ASX code CRNAB, have lapsed. The lapse results from conditional rights to securities not being satisfied or becoming incapable of being satisfied by the specified date, slightly reducing the company’s pool of potential equity-based incentives for participants without affecting existing ordinary shareholders’ issued capital.

The most recent analyst rating on (AU:CRN) stock is a Hold with a A$0.32 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. is a coal mining company listed on the ASX, focused on the production and sale of metallurgical coal used primarily in steelmaking markets.

Average Trading Volume: 8,142,025

Technical Sentiment Signal: Sell

Current Market Cap: A$620.3M

For an in-depth examination of CRN stock, go to TipRanks’ Overview page.

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