Australia's TerraCom falls as coal production from QLD mine misses estimates

Terracom

31/01/2025 02:51

** Shares of TerraCom fall 8.1% to A$0.170, their lowest
levels since Dec 27, 2024
    ** The coal miner reports production in its Blair Athol mine
in Queensland was impacted due to rains throughout the quarter
    ** Co also reports lower-than-planned coal sales of 314
kilo-tons
    ** Stock set for four straight months of losses
    ** About 2.3 mln shares trade hands on Friday, 3.2 times the
30-day average of 736,884 shares
    ** Stock fell 5.6% this month, including session's moves

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))