Coronado Global Resources Inc Stock Forum

$Coronado Global Resources Inc (CRN.AU)$ASX: Coronado, Whitehaven, Yancoal rebound as Morgan Stanley tips coal prices to rally

COAL miners closed comfortably in the green on news of an explosion at one of Anglo’s mega hard coking coal mines in Queensland. Fortunately no one was injured (what a miracle!)….
Our miners rallied because the price of coking coal should rise due to this decent supply disruption that may last quite a while. $Whitehaven Coal Ltd (WHC.AU)$ increased 6.27%, $Coronado Global Resources Inc (CRN.AU)$ put on 8.86% and $Stanmore Resources Ltd (SMR.AU)$ added 5.08%. $BHP Group Ltd (BHP.AU)$

• Top gainers: $Coronado Global Resources Inc (CRN.AU)$, $Cettire Ltd (CTT.AU)$, $Whitehaven Coal Ltd (WHC.AU)$
• Top losers: $Telstra Group Ltd (TLS.AU)$, $MFF Capital Investments Ltd (MFF.AU)$, $Virgin Money UK PLC (VUK.AU)$
Market Performance
The Australian $S&P/ASX 200 (.XJO.AU)$ concluded the trading session marginally down by 0.2%, settling at 7750.7 amidst a downturn primarily caused by the technology sector.
Despite gains...

G'day, mooers! Check out the latest news on today's stock market!
• Wall Street closes mixed
• ASX rises; Paladin plummets
• Stocks to watch: Paladin Energy, Healius, Synlait Milk, Coronado Global Resources
Wall Street Summary
U.S. stock indices were mixed, while $NVIDIA (NVDA.US)$'s stock falls into correction territory with an almost $400 billion plunge. Meanwhile, investors are awaiting May's personal consumption expenditure data and the Federal Rese...

Anyone predicting MET COAL won’t be needed in the coming years to make steel is on industrial grade LSD...“Green steel” is an absolute fairytale….I encourage anyone to prove me wrong; show me the science, show me a business plan. Please!!!…..
Maintain BUY on $Whitehaven Coal Ltd (WHC.AU)$ , $Coronado Global Resources Inc (CRN.AU)$ & $Stanmore Resources Ltd (SMR.AU)$

• Top gainers: $Mercury NZ Ltd (MCY.AU)$, $Coronado Global Resources Inc (CRN.AU)$, $Genesis Minerals Ltd (GMD.AU)$
• Top losers: $IDP Education Ltd (IEL.AU)$, $Megaport Ltd (MP1.AU)$, $Seek Ltd (SEK.AU)$
Market Performance
The $S&P/ASX 200 (.XJO.AU)$ closed 0.7% higher at 7,821.8 on Thursday, driven by broad-based gains across the index. The benchmark remained in positive territory throughout the day, following Canada's central bank's dec...

• Top gainers: $Coronado Global Resources Inc (CRN.AU)$, $Fletcher Building Ltd (FBU.AU)$, $Bank of Queensland Ltd (BOQ.AU)$
• Top losers: $Lovisa Holdings Ltd (LOV.AU)$, $Neuren Pharmaceuticals Ltd (NEU.AU)$, $Premier Investments Ltd (PMV.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.8% higher at 7761.0, building on its recent momentum amid strength in shares of banks. The benchmark index, which was coming off a 1.0%...

• Top gainers: $Meridian Energy Ltd (MEZ.AU)$ $Liontown Resources Ltd (LTR.AU)$ $PSC Insurance Group Ltd (PSI.AU)$
• Top losers: $Coronado Global Resources Inc (CRN.AU)$ $Super Retail Group Ltd (SUL.AU)$ $JB Hi Fi Ltd (JBH.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 1.1% lower at 7721.6, snapping a five-session run of gains amid weakness in shares of banks and consumer-facing companies.
The benchmark i...

I think there is a strong chance that Coronado Global Resources ( $Coronado Global Resources Inc (CRN.AU)$ ) is going to have merger talks again with Peabody Energy (listed on the NYSE) on news that Energy and Minerals Group’s deal to sell its 51% in CRN to a Czech tycoon has fallen over.
I also wouldn’t be surprised to see the very cashed up YanCoal ( $Yancoal Australia Ltd (YAL.AU)$ ) show some interest….
To get the job done would take around $2.20 so there is some d...

Chinese STEEL exports hit the highest level since 2016….After a decent pullback, HARD COKING COAL or MET COAL now looks to be heading back up. $Whitehaven Coal Ltd (WHC.AU)$ , $Stanmore Resources Ltd (SMR.AU)$ & $Coronado Global Resources Inc (CRN.AU)$ are the best exposures for this type of COAL.