Coronado Global Resources Inc. (OTC:CODQL – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 7,456,600 shares, a decline of 28.7% from the May 15th total of 10,455,800 shares. Based on an average trading volume of 73,900 shares, the days-to-cover ratio is currently 100.9 days.
Coronado Global Resources Stock Performance
CODQL stock opened at $0.09 on Tuesday. Coronado Global Resources has a twelve month low of $0.07 and a twelve month high of $0.91. The firm’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average is $0.31.
Analysts Set New Price Targets
Separately, Benchmark lowered shares of Coronado Global Resources to a “hold” rating in a research report on Friday, May 16th.
About Coronado Global Resources
Coronado Global Resources Inc, together with its subsidiaries, produces, markets, and exports metallurgical coal in Asia, North America, South America, Europe, Australia, and internationally. The company owns a portfolio of operating mines and development projects in Queensland, Australia; and Virginia, West Virginia, and Pennsylvania in the United States.
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