Coronado Global's Curragh plant reset can boost earnings, says Jefferies
29/07/2026 21:23
BUZZ-Coronado Global's Curragh plant reset can boost earnings, says Jefferies ** Jefferies analysts say Australia's Coronado Global Resources' CRN.AX focus on improving throughput, yields and recoveries at its Curragh coal processing plant could unlock about A$70 million ($48.69 million) per quarter in additional revenue
** Brokerage maintains "hold" rating at a price target of A$0.18 on the miner
** Jefferies say Coronado's Q2 showed stronger production volumes, lower unit costs, return to positive earnings, although net debt continued to increase
** One of seven analysts rate the stock "buy" or higher, five "hold" and one "sell" or lower; median PT is A$0.25 - LSEG data
** Shares down 39.1% so far this year
($1 = 1.4376 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
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