Ord Minnett Keeps Their Hold Rating on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh (CRN)

Ord Minnett analyst Tim Elder maintained a Hold rating on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh (CRN – Research Report) today and set a price target of A$0.15. The company's shares opened today at A$0.14.
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Elder covers the Basic Materials sector, focusing on stocks such as Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh, Stanmore Resources Ltd, and QPM Energy. According to TipRanks, Elder has an average return of -13.5% and a 21.62% success rate on recommended stocks.
Currently, the analyst consensus on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh is a Hold with an average price target of A$0.20, implying a 42.86% upside from current levels. In a report released on June 11, Bell Potter also maintained a Hold rating on the stock with a A$0.19 price target.
Based on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$526.42 million and a GAAP net loss of A$54.08 million. In comparison, last year the company earned a revenue of A$997.01 million and had a GAAP net loss of A$32.31 million

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