Corsa Coal Faces Tough Q2 with Net Loss and Revenue Decline
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Corsa Coal Faces Tough Q2 with Net Loss and Revenue Decline

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Corsa Coal (TSE:CSO) has released an update.

Corsa Coal Corp. reports a challenging second quarter in 2024 with a net loss of $9.5 million and a significant drop in revenue from $55.3 million in 2023 to $36.8 million. The company, known for its premium metallurgical coal, saw a decrease in both coal production and sales, while also facing an increase in cash production costs per ton sold.

For further insights into TSE:CSO stock, check out TipRanks’ Stock Analysis page.

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