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Whitehaven Coal Director Increases Shareholding

Story Highlights
  • Whitehaven Coal operates in the coal industry, focusing on high-quality coal production.
  • Director Mick McCormack acquired 10,000 shares, signaling confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Whitehaven Coal Director Increases Shareholding

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Whitehaven Coal Limited ( (AU:WHC) ) has issued an update.

Whitehaven Coal Limited announced a change in the director’s interest, with Director Mick McCormack acquiring an additional 10,000 ordinary shares through an on-market trade, increasing his total holdings to 60,000 shares. This transaction reflects a personal investment decision by the director and may indicate confidence in the company’s future prospects, potentially impacting shareholder perceptions and market positioning.

The most recent analyst rating on (AU:WHC) stock is a Hold with a A$6.25 price target. To see the full list of analyst forecasts on Whitehaven Coal Limited stock, see the AU:WHC Stock Forecast page.

More about Whitehaven Coal Limited

Whitehaven Coal Limited is a company operating in the coal industry, primarily engaged in the production and sale of coal. The company focuses on supplying high-quality coal to both domestic and international markets.

Average Trading Volume: 5,346,696

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.47B

For a thorough assessment of WHC stock, go to TipRanks’ Stock Analysis page.

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