** Shares of Coronado Global Resources fall as much as 5.5% to A$0.998, their lowest since Sept 24
** Stock marks its weakest trading session since Oct 8
** CRN among biggest losers on the benchmark
** Metallurgical coal producer posts 14.9% drop in quarterly run-of-mine production to 6.3 metric tons (Mt) from the June quarter
** Says saleable production fell 6.9% on a quarterly basis in the period ended September to 3.8 Mt
** Stock has fallen 43% YTD
(Reporting by Sneha Kumar in Bengaluru)
((Sneha.Kumar@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments