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TerraCom Limited ( (AU:TER) ) just unveiled an update.
TerraCom Limited has announced the immediate resignation of director Glen Lewis, who previously chaired the Operational Internal Steering Committee and the Health, Safety, Environment and Community Committee, and sat on the Audit and Remuneration Committees. His departure triggers a refresh of board responsibilities at the coal producer, and the company has acknowledged his contribution while signalling continuity of governance as the board approves the announcement in line with ASX disclosure rules.
The most recent analyst rating on (AU:TER) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on TerraCom Limited stock, see the AU:TER Stock Forecast page.
More about TerraCom Limited
TerraCom Limited is an Australian-based mining and resources company with a global footprint in the coal sector, operating a large portfolio of assets in Australia and South Africa. The low-cost producer focuses on strong performance and returns from a diversified asset base and is expanding through strategic partnerships and integrated mining and infrastructure services.
Average Trading Volume: 7,452,012
Technical Sentiment Signal: Sell
Current Market Cap: A$160.4M
For a thorough assessment of TER stock, go to TipRanks’ Stock Analysis page.