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UBS Group AG Acquires Significant Stake in Coronado Global Resources

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UBS Group AG Acquires Significant Stake in Coronado Global Resources

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The latest announcement is out from Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ).

Coronado Global Resources Inc. has announced that UBS Group AG and its related corporate bodies have become substantial security holders, acquiring a relevant interest in 5.30% of the company’s voting shares. This development could potentially influence Coronado’s shareholder dynamics and impact its strategic decisions, as substantial shareholders often play a significant role in corporate governance.

The most recent analyst rating on (AU:CRN) stock is a Hold with a A$0.50 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 mining industry, focusing on the production and export of metallurgical coal, which is a key component in steel manufacturing. The company is strategically positioned in the global market, catering to the demand for coal in steel production, primarily serving markets in the Asia-Pacific region.

Average Trading Volume: 12,162,439

Technical Sentiment Signal: Hold

Current Market Cap: A$553.2M

See more data about CRN stock on TipRanks’ Stock Analysis page.

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