ASX-listed Tigers Realm Coal jumps on production, sales view upgrade

Tigers Realm Coal

24/10/2022 01:53

** Shares of Tigers Realm Coal  TIG.AX  rise as much as
21.4% to A$0.017, their biggest intraday pct gain since May 31
    ** The coal producer raised its annual outlook and now
expects run of mine (ROM) coal mined for financial year to be
between 1,300 kt and 1,400 kt, compared with an earlier forecast
of 1,000 kt to 1,200 kt  urn:newsml:reuters.com:*:nASXFRMCh 
    ** Raises annual coal sales forecast to between 950 kt and
1,050 kt, compared with an earlier outlook of 850 kt to 1,000 kt
    ** TIG, whose coal operations are based out of Russia's east
coast, says it will continue to operate as planned 
    ** Stock hits highest level since Oct 11
    ** TIG stock lost a third of its value YTD, as of last close
 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com))