Jefferies lifts Coronado Global PT after production beat; flags liquidity crunch

Coronado Global Resources

30/10/2025 20:19

** Analysts at Jefferies lift PT on Australia's Coronado Global Resources  CRN.AX to A$0.32 from A$0.30; maintain stock rating at "hold"

** Says Q3 saleable production was a 14% beat compared to its estimates as contributions from Buchanan and Mammoth operations commenced

** Says operations continue to be constrained by market conditions, and liquidity remains the key near-term focus for CRN

** Expects the next logical liquidity level to be a partial asset selldown or divesting a non-core asset

** CRN closed Thursday over 20% higher at A$0.35

** Six of nine analysts rate the stock "hold", three "sell" - data compiled by LSEG

** Stock down 54.3% YTD

 (Reporting by Rishav Chatterjee in Bengaluru)

 ((Rishav.Chatterjee@thomsonreuters.com))