UBS Group AG Acquires Substantial Stake in Coronado Global Resources

Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) has shared an update.

Coronado Global Resources Inc. has announced that UBS Group AG and its related corporate bodies have become a substantial security holder, with a relevant interest in over 5% of the company’s voting shares. This development could influence Coronado’s market dynamics and stakeholder interests, as it indicates a significant investment by a major financial entity.

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 resources sector, focusing on the production and supply of metallurgical coal, which is a key component in steel manufacturing. The company is listed on the Australian Securities Exchange (ASX) and has a significant presence in the global coal market.

Average Trading Volume: 14,401,470

Technical Sentiment Signal: Hold

Current Market Cap: A$586.8M

Find detailed analytics on CRN stock on TipRanks’ Stock Analysis page.