Disappointing China Stimulus Puts Downward Pressure on Coal Stocks
October 8, 2024
A rundown of today’s price action and an updated view on re-entry levels…
Category: CSO.V
Coal Stocks Shake Off Pullback, Bounce Into Weekend
October 4, 2024
A rundown of recent coal stock price performances and setups heading into next week…
Coal News & Price Data – March 27, 2024 – Bridge Collapse Implications
March 27, 2024
A vessel collision caused the Frances Scott Key bridge in Baltimore to collapse, suspending navigation in Baltimore Harbor.
Corsa Coal Faces Challenges Underground
March 20, 2024
Corsa Coal Corp., a met coal producer based in Pennsylvania, recently reported its financial results for 2023.
Coal News & Price Data – March 14, 2024 – Corsa Coal Reports Earnings
March 14, 2024
Corsa Coal Corp. has released its financial results for Q4 and full-year 2023, emphasizing increased net income and adjusted EBITDA.
Corsa Coal Announces Financial Results for Fourth Quarter and Full Year 2023
March 14, 2024
Corsa Coal Corp. reported financial results for the three months and year ended December 31, 2023.
Corsa Coal Permit approved for Keyser mine
February 23, 2024
BOSWELL – Plans for a substantial northern Somerset County deep mine have received the state’s approval.
Downgrading Thermal
December 12, 2023
I’m going to kick this off by reiterating my avoidance call on all thermal coal, that is US domestic and seaborne thermal.
Coal News & Price Data – November 1, 2023 – Corsa Coal Earnings Disappoint
November 1, 2023
Corsa Coal Corp. reported adjusted EBITDA of $6.1 million, total revenue of $51.1 million, and EPS of $0.18 per diluted share.
Downgrading Corsa Coal
August 16, 2023
I initiated the Strong Buy assessment on July 14, it’s currently trading at CAD$0.73 per share – which is an implied gain of 59%
Corsa Coal Wins Damages from PennDOT
August 14, 2023
After accounting for contingent legal fees, Corsa anticipates receiving net proceeds of $23.3 million from PennDot.
Coal News & Price Data – August 9, 2023 – Ramaco & Corsa Earnings Summaries
August 9, 2023
Demand for Asian thermal coal remains. Miners are offering limited spot cargo due to high production costs and royalties.