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Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) has issued an update.
Coronado Global Resources Inc. announced that UBS Group AG and its related entities have ceased to be a substantial security holder, meaning their interest in Coronado’s voting shares has fallen below 5%. This change in substantial holding could impact the company’s shareholder dynamics and influence future voting outcomes, potentially affecting strategic decisions and stakeholder interests.
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. 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 serves a global market with its resources.
Average Trading Volume: 14,556,978
Technical Sentiment Signal: Hold
Current Market Cap: A$578.4M
See more data about CRN stock on TipRanks’ Stock Analysis page.