Australia's Coronado Global gains on naming ex-Evolution Mining exec as CFO

Coronado Global Resources

23/12/2024 03:52

** Shares of Coronado Global Resources  CRN.AX  rise as much
as 4.5% to A$0.7625, snapping a six-day losing streak
    ** Stock logs its largest intraday pct gain since early
October
    ** The coal producer, with operations in Australia and the
U.S., names Barrie van der Merwe as new CFO
    ** Van der Merwe, who will start his new role in April 2025,
earlier held the top financial position at gold miner Evolution
Mining  EVN.AX 
    ** Outgoing CFO Gerhard Ziems has not the disclosed reason
behind his departure
    ** Stock down ~57% YTD, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))