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NASDAQ:SOSI1 2 February 2026

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  • Coronado Global Resources Price Target Revised as UBS Upgrades Shares
    April 4, 2026, 1:11 PM EDT. Coronado Global Resources (ASX:CRN) sees its price target lowered to A$0.37 from A$0.40 by Jefferies, with a Hold rating reflecting updated commodity price assumptions on PLV met coal and Newcastle thermal coal. UBS has upgraded the shares, signaling increased confidence in the stock within the Australia metals and mining sector. CEO Douglas G. Thompson announced his forthcoming resignation while supporting a transition. FY26 guidance forecasts saleable production of 16-17 million tonnes and capital expenditure of A$150-175 million. Operations at Mammoth Underground Mine remain suspended after a fatal incident in early 2026. Analysts maintain a cautious yet optimistic tone as revenue growth estimates slightly decrease from 8.7% to 8.48%.
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