Coronado Global Resources: Rise and Fall of a Coal PlayerASX:CRN AMEX:COAL PSE:COAL BSE:COAL1!
Coronado Global Resources (ASX:CRN) is an Australian company specializing in metallurgical coal for the steel industry. With assets in Australia and the USA, it holds a notable position in the market. But is it worth investing in now? Let’s find out.
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−0.100 AUD
−165.07 M AUD
3.80 B AUD
About CORONADO GLOBAL RESOURCES INC.
Sector
Industry
CEO
Douglas G. Thompson
Website
Headquarters
Brisbane
Founded
2018
ISIN
AU0000026122
FIGI
BBG00M30ZGP6
Coronado Global Resources, Inc. engages in the exploration and production of metallurgical coals. The firm has development projects in Queensland, Australia, and in Virginia, and West Virginia, United States. It operates through the Australia and United States geographical segments. The company was founded by Garold R. Spindler and James Campbell in 2011 and is headquartered in Brisbane, Australia.
CRN - Trade PlanCRN has headed into Resistance now and I expect a pullback. My Buy Zone is around $1.00 level where I would be be interested in taking a long position. At this level it looks overbought, and I think a pull back lower should be a very good buying opportunity.
Please note these are my own notes, by n
ASX:CRN - CORONADO GLOBAL RESOURCES INC.Ascending triangle formation is clearly visible. IMO - there is a bit of swing possible still but a good entry point if it breaks 1.01 today.
Fib levels also looking good, breaking the triangle formation, it could go onwards to R1 and R2 levels.
TP not yet definte but who ever is following CRN and
CRN - Pullback Over?CRN seems to be in a very stable uptrend as we have witnessed Higher Highs and Higher Lows. The recent pullback has provided an excellent buying opportunity as price has bounced of the Bullish Trendline for the third time, as well as the 200 SMA and the POC of Volume Profile. RSI has also popped out
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
CODF5901548
Coronado Finance Pty Ltd 9.25% 01-OCT-2029Yield to maturity
22.53%
Maturity date
Oct 1, 2029
CODF5901547
Coronado Finance Pty Ltd 9.25% 01-OCT-2029Yield to maturity
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Maturity date
Oct 1, 2029
See all CRN bonds