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The latest update is out from Whitehaven Coal Limited ( (AU:WHC) ).
Whitehaven Coal Limited reported a strong production and sales performance for the second quarter of FY25, with record sales volumes from its Daunia mine and significant production from its Queensland and New South Wales operations. The company is on track to meet the upper half of its FY25 production and sales guidance, while maintaining production costs at the lower end of their forecast. Additionally, Whitehaven plans to strengthen its balance sheet with proceeds from the sell-down of its Blackwater asset, which is expected to arrive in Q3 FY25, allowing for a review of its capital allocation strategy.
More about Whitehaven Coal Limited
Whitehaven Coal Limited is a company operating in the coal industry, focusing on the production and sale of metallurgical and thermal coal. It has operations in Queensland and New South Wales, Australia, and is involved in reshaping its business for long-term success.
YTD Price Performance: 0.75%
Average Trading Volume: 19,146
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.28B
For a thorough assessment of WHC stock, go to TipRanks’ Stock Analysis page.
