Market Alert: ASX200 at Critical Support – Reversal or Further Fall?
Coronado Global Resources Inc. (ASX: CRN) reported a solid performance in the December quarter, with saleable coal production rising by 4.1% to 4,000 tonnes and sales volumes up 4.7% to 4.1 tonnes at the time of writing. The company generated $558 million in revenue during the period. Coronado recently launched its Mammoth Underground Mine and plans to scale production in 2025. The company is also focused on building coal inventory, reducing operational costs, and enhancing the productivity of its dragline system to ensure long-term growth.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 17, 2025
Apr 16, 2025
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
