Whitehaven Coal (OTCMKTS:WHITF) Stock Price Up 2% – Here’s Why

Whitehaven Coal Limited (OTCMKTS:WHITFGet Free Report)’s share price was up 2% during trading on Thursday . The company traded as high as $4.35 and last traded at $4.35. Approximately 2,050 shares traded hands during trading, a decline of 93% from the average daily volume of 31,378 shares. The stock had previously closed at $4.27.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Whitehaven Coal from a “hold” rating to a “strong-buy” rating in a research report on Sunday, October 27th.

View Our Latest Research Report on Whitehaven Coal

Whitehaven Coal Stock Performance

The firm has a 50 day simple moving average of $4.52 and a 200-day simple moving average of $4.90.

Whitehaven Coal Company Profile

(Get Free Report)

Whitehaven Coal Limited develops and operates coal mines in New South Wales and Queensland. It operates through three segments: Open Cut Operations, Underground Operations, and Coal Trading and Blending. The company produces metallurgical and thermal coal. It operates four mines, including three open cut and one underground located in the Gunnedah Coal Basin in New South Wales.

Further Reading

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