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Coronado Global Resources Inc. (CRN) Report Analysis

Corporate Events

Positive

Coronado Global Resources Inc.(ASX:CRN) added t...

2022-06-17 00:00:00

Coronado Global Resources Inc.(ASX:CRN) added to S&P/ASX 200 Index

Positive

Coronado Global Resources Inc.(ASX:CRN) added t...

2022-06-17 00:00:00

Coronado Global Resources Inc.(ASX:CRN) added to S&P/ASX 200 Materials Sector Index

Positive

Coronado Global Resources Inc., $ 0.059323, Cas...

2022-05-10 00:00:00

Coronado Global Resources Inc., $ 0.059323, Cash Dividend, May-30-2022

Positive

Coronado Global Resources Inc., $ 0.06, Cash Di...

2022-05-10 00:00:00

Coronado Global Resources Inc., $ 0.06, Cash Dividend, May-30-2022

Positive

Coronado Global Resources Inc. Announces Declar...

2022-05-09 22:28:00

The Directors of Coronado Global Resources Inc. have declared an unfranked special dividend of USD 0.05932343 per CDI and an unfranked special...

Neutral

Coronado Global Resources Inc. - Special Call

2022-05-08 22:28:00

Coronado Global Resources Inc. - Special Call

Positive

Coronado Global Resources Inc. Announces Amende...

2022-04-26 22:12:00

Coronado Global Resources Inc. announces that it has amended its dividend policy with plans to pay a fixed cash dividend of USD 0.005 per CDI ...

Neutral

Coronado Global Resources Inc., Q1 2022 Earning...

2022-04-20 22:51:00

Coronado Global Resources Inc., Q1 2022 Earnings Call, Apr 26, 2022

Neutral

Coronado Global Resources Inc. - Shareholder/An...

2022-04-13 22:17:00

AGM

Neutral

Coronado Global Resources Inc., Annual General ...

2022-01-19 21:42:00

Coronado Global Resources Inc., Annual General Meeting, May 25, 2022, at 20:00 US Eastern Standard Time. Agenda: To consider the holder of pre...

Neutral

Coronado Global Resources Inc. to Report Q1, 20...

2022-01-19 21:42:00

Coronado Global Resources Inc. announced that they will report Q1, 2022 results on Apr 21, 2022

Neutral

Coronado Global Resources Inc. Provides Earning...

2021-12-15 02:02:00

Coronado Global Resources Inc. provided earnings guidance for the year ending December 31, 2021. For the year, the company expects production ...

Negative

Coronado Global Resources Inc. Announces Full O...

2021-12-09 21:24:00

Coronado Global Resources Inc. provided an update on the recent incident at its Curragh Mine Complex ("Curragh") in Queensland, Australia, whe...

Negative

Coronado Global Resources Inc. Provides an Upda...

2021-11-24 01:27:00

Coronado Global Resources Inc. provides an update on the recent incident at its Curragh Mine Complex ("Curragh") in Queensland, Australia. Ope...

Neutral

Coronado Global Resources Inc. Provides Product...

2021-10-20 20:22:00

Coronado Global Resources Inc. provided production guidance for fiscal year 2021. For the year, the company expected saleable production to be...

Positive

Coronado Global Resources Inc. Announces Unaudi...

2021-10-20 20:22:00

Coronado Global Resources Inc. announced unaudited consolidated sales results for the quarter and year to date ended September 30, 2021. For t...

Neutral

Coronado Global Resources Inc., Q3 2021 Earning...

2021-10-13 21:25:00

Coronado Global Resources Inc., Q3 2021 Earnings Call, Oct 21, 2021

Neutral

Coronado Global Resources Inc. Provides Sales G...

2021-08-10 00:01:00

Coronado Global Resources Inc. provided sales guidance for the second half of fiscal 2021. The company expects sales volume in the second half...

Positive

Coronado Global Resources Inc. (ASX:CRN) acquir...

2021-08-09 00:00:00

Coronado Global Resources Inc. (ASX:CRN) acquired the remaining 50% stake in JEP Mining LLC during the half-year ended June 30, 2021. Corona...

Neutral

Coronado Global Resources Inc. to Report First ...

2021-08-06 20:48:00

Coronado Global Resources Inc. announced that they will report first half, 2021 results on Aug 10, 2021

Negative

Coronado Global Resources Inc. Announces Compan...

2021-08-05 23:09:00

Coronado Global Resources Inc. advises that it has appointed Mr. Christopher P. Meyering as Company Secretary, based in West Virginia, USA, ef...

Negative

Coronado Global Resources Inc. Announces Execut...

2021-08-04 22:33:00

Coronado Global Resources Inc. announced that Mr. James (Jim) I. Campbell has resigned as President and Chief Operating Officer and the Compan...

Neutral

Coronado Global Resources Inc., H1 2021 Earning...

2021-08-04 22:31:00

Coronado Global Resources Inc., H1 2021 Earnings Call, Aug 10, 2021

Neutral

Coronado Global Resources Inc. - Special Call

2021-07-15 23:37:00

Coronado Global Resources Inc. - Special Call

Negative

Coronado Global Resources Inc. Announces Execut...

2021-07-15 23:34:00

Coronado Global Resources Inc. announced the appointment of Mr. Christopher P. Meyering (Chris) as Vice President and Chief Legal Officer (CLO...

Positive

Coronado Global Resources Inc.(ASX:CRN) added to S&P/ASX 200 Index

2022-06-17 00:00:00

Coronado Global Resources Inc.(ASX:CRN) added to S&P/ASX 200 Index

Positive

Coronado Global Resources Inc.(ASX:CRN) added to S&P/ASX 200 Materials Sector Index

2022-06-17 00:00:00

Coronado Global Resources Inc.(ASX:CRN) added to S&P/ASX 200 Materials Sector Index

Positive

Coronado Global Resources Inc., $ 0.059323, Cash Dividend, May-30-2022

2022-05-10 00:00:00

Coronado Global Resources Inc., $ 0.059323, Cash Dividend, May-30-2022

Positive

Coronado Global Resources Inc., $ 0.06, Cash Dividend, May-30-2022

2022-05-10 00:00:00

Coronado Global Resources Inc., $ 0.06, Cash Dividend, May-30-2022

Positive

Coronado Global Resources Inc. Announces Declaration Special Dividends, Payable on 21 June 2022

2022-05-09 22:28:00

The Directors of Coronado Global Resources Inc. have declared an unfranked special dividend of USD 0.05932343 per CDI and an unfranked special dividend of USD 0.06000000 per CDI (collectively, the "Special Dividends"). CDIs will be quoted ex dividend on 30 May 2022 AEST. The Special Dividends will have a record date of 31 May 2022 AEST and be payable on 21 June 2022 AEST. The distribution of USD 200 million by way of the Special Dividends will be funded from available cash and aligns with the company's distributions policy.

Neutral

Coronado Global Resources Inc. - Special Call

2022-05-08 22:28:00

Coronado Global Resources Inc. - Special Call

Positive

Coronado Global Resources Inc. Announces Amended Dividend Policy

2022-04-26 22:12:00

Coronado Global Resources Inc. announces that it has amended its dividend policy with plans to pay a fixed cash dividend of USD 0.005 per CDI on a biannual basis (USD 0.010 per CDI annually) ("Fixed Dividend"), in accordance with the Company's over-arching distribution policy to pay out between 60% and 100% of Free Cash Flow per year. Coronado's variable dividend may take the form of cash dividends, share buy-backs or other distributions. For these purposes "Free Cash Flow" is defined as net cash from operating activities less cash taxes, capital expenditure, acquisition expenditure, amounts reserved for capital expenditure and acquisition expenditure, amounts required for debt servicing. The payment of dividends remains at the discretion of the Board of Directors. It is expected that the Fixed Dividends would be distributed following the release of Coronado's half-year and full-year results in accordance with acceptable timelines as required by the ASX. The Board of Director's decision as to whether or not a dividend will be paid will be subject to a number of considerations including the general business environment, operating results, cash flows, future capital requirements, regulatory and contractual restrictions, as well as applicable covenants under the indenture governing Senior Secured Notes and covenants under the ABL Facility and any other factors the Board of Directors may consider relevant. Dividends (including Fixed Dividends) will remain unfranked until sufficient franking credits are accumulated.

Neutral

Coronado Global Resources Inc., Q1 2022 Earnings Call, Apr 26, 2022

2022-04-20 22:51:00

Coronado Global Resources Inc., Q1 2022 Earnings Call, Apr 26, 2022

Neutral

Coronado Global Resources Inc. - Shareholder/Analyst Call

2022-04-13 22:17:00

AGM

Neutral

Coronado Global Resources Inc., Annual General Meeting, May 25, 2022

2022-01-19 21:42:00

Coronado Global Resources Inc., Annual General Meeting, May 25, 2022, at 20:00 US Eastern Standard Time. Agenda: To consider the holder of preferred stock Series A, par value $0.01 per share, will be asked to elect each of the two directors designated by The Energy & Minerals Group and named in the accompanying proxy statement to serve until the 2023 annual general meeting of stockholders of the Company or until their successors have been duly elected and qualified; to elect each of the four directors of the Company named in the accompanying proxy statement to serve until the 2023 annual general meeting of stockholders of the Company or until their successors have been duly elected and qualified; to approve, on a non-binding advisory basis, of the compensation of our named executive officers; to ratify the appointment of Ernst & Young as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the meeting or any postponements or adjournments thereof.

Neutral

Coronado Global Resources Inc. to Report Q1, 2022 Results on Apr 21, 2022

2022-01-19 21:42:00

Coronado Global Resources Inc. announced that they will report Q1, 2022 results on Apr 21, 2022

Neutral

Coronado Global Resources Inc. Provides Earnings Guidance for the Year Ending December 31, 2021

2021-12-15 02:02:00

Coronado Global Resources Inc. provided earnings guidance for the year ending December 31, 2021. For the year, the company expects production to be between 17.0 and 17.2 million metric tonnes as the Company will be unable to recover the lost production by year end. Sales Volumes to be between 17.7 and 17.9 million metric tonnes.

Negative

Coronado Global Resources Inc. Announces Full Operations Resume At Curragh Mine Complex

2021-12-09 21:24:00

Coronado Global Resources Inc. provided an update on the recent incident at its Curragh Mine Complex ("Curragh") in Queensland, Australia, when an employee, Mr. Clark Peadon was fatally injured while working in the Dragline operations on 21 November 2021. Resources Safety & Health Queensland Inspectors have lifted the directive to suspend all Dragline operations at Curragh, subject to compliance with a staged return to work plan and schedule for dragline operations provided by Curragh. Return to work safety and training sessions will now take place prior to all Dragline shifts recommencing. Following the resumption of Dragline operations, there are no ongoing directives or restrictions on the mine. Prior to the lifting of the directive, Curragh had resumed all non-Dragline operations in a gradual and phased approach from 24 November 2021. The investigation into the incident by the Company is continuing. The Company continues to provide counselling and support to all employees, contractors and their families following this tragic event.

Negative

Coronado Global Resources Inc. Provides an Update on the Recent Incident at Its Curragh Mine Complex in Queensland, Australia

2021-11-24 01:27:00

Coronado Global Resources Inc. provides an update on the recent incident at its Curragh Mine Complex ("Curragh") in Queensland, Australia. Operations at Curragh have been suspended since 21 November 2021 when an employee, Mr. Clark Peadon, was fatally injured while working in the Dragline operations. Resources Safety & Health Queensland ("RSHQ") Inspectors are continuing their investigation of the incident with the full support of the Company. Queensland Police are no longer on site The RSHQ Inspectorate has issued directives to isolate the accident site and to suspend all operations of draglines at Curragh until it is satisfied that these activities can recommence safely. Coronado will continue to work alongside authorities as required for the investigation process. Coronado has commenced planning for a gradual and phased recommencement of operational activities that will progressively restart over the coming days. Dragline operations will remain suspended until otherwise advised. The Company continues to provide counselling and support to all employees, contractors and their families.

Neutral

Coronado Global Resources Inc. Provides Production Guidance for Fiscal Year 2021

2021-10-20 20:22:00

Coronado Global Resources Inc. provided production guidance for fiscal year 2021. For the year, the company expected saleable production to be in the range of 18.0 Mt – 19.0 Mt. Saleable production is expected to be at the low-end of original market guidance.

Positive

Coronado Global Resources Inc. Announces Unaudited Consolidated Sales Results for the Quarter and Year to Date Ended September 30, 2021

2021-10-20 20:22:00

Coronado Global Resources Inc. announced unaudited consolidated sales results for the quarter and year to date ended September 30, 2021. For the quarter, the company reported sales volumes were 4.6 Mt, up 1.9% compared to the June quarter 4.5 Mt. Consolidated revenue was $573,591,000 as compared to $424,256,000 previous quarter June 30, 2021.For year to date, the company reported sales volumes were 13.5 Mt as compared to 13.2 Mt same period a year ago. Consolidated revenue was $1,373,958,000 as compared to $1,090,051,000 same period a year ago.

Neutral

Coronado Global Resources Inc., Q3 2021 Earnings Call, Oct 21, 2021

2021-10-13 21:25:00

Coronado Global Resources Inc., Q3 2021 Earnings Call, Oct 21, 2021

Neutral

Coronado Global Resources Inc. Provides Sales Guidance for the Second Half of Fiscal 2021

2021-08-10 00:01:00

Coronado Global Resources Inc. provided sales guidance for the second half of fiscal 2021. The company expects sales volume in the second half of the year to be higher based on current plans and additional higher production rates.

Positive

Coronado Global Resources Inc. (ASX:CRN) acquired the remaining 50% stake in JEP Mining LLC.

2021-08-09 00:00:00

Coronado Global Resources Inc. (ASX:CRN) acquired the remaining 50% stake in JEP Mining LLC during the half-year ended June 30, 2021. Coronado Global Resources Inc. (ASX:CRN) completed the acquisition of the remaining 50% stake in JEP Mining LLC during the half-year ended June 30, 2021.

Neutral

Coronado Global Resources Inc. to Report First Half, 2021 Results on Aug 10, 2021

2021-08-06 20:48:00

Coronado Global Resources Inc. announced that they will report first half, 2021 results on Aug 10, 2021

Negative

Coronado Global Resources Inc. Announces Company Secretary Appointment

2021-08-05 23:09:00

Coronado Global Resources Inc. advises that it has appointed Mr. Christopher P. Meyering as Company Secretary, based in West Virginia, USA, effective from 1 September 2021, when he will also be taking up his role as Vice President and Chief Legal Officer (CLO) of the Company. As Vice President, CLO and Secretary of the Company, Chris will be responsible for all legal, regulatory and compliance matters for Coronado. He will also be a member of Coronado's group executive team. This appointment follows the resignation of Mr. Richard Rose as Vice President, CLO and Secretary of the Company.

Negative

Coronado Global Resources Inc. Announces Executive Changes

2021-08-04 22:33:00

Coronado Global Resources Inc. announced that Mr. James (Jim) I. Campbell has resigned as President and Chief Operating Officer and the Company has restructured the COO role into two positions in line with its' operating divisions. Mr. Jeff Bitzer, located in the US, has been appointed as Chief Operating Officer, US and Mr. Douglas Thompson, located in Australia, has been appointed as Chief Operating Officer, Australia. Jim Campbell will remain with the Company for an interim period to facilitate a smooth transition. Jeff Bitzer joined Coronado in 2013 and was most recently the Vice President, US Operations responsible for the management of safety and environmental performance, costs, productivity, and capital spending for all US Operations. He has 40 years' experience in operations management involving all aspects of coal mining.

Neutral

Coronado Global Resources Inc., H1 2021 Earnings Call, Aug 10, 2021

2021-08-04 22:31:00

Coronado Global Resources Inc., H1 2021 Earnings Call, Aug 10, 2021

Neutral

Coronado Global Resources Inc. - Special Call

2021-07-15 23:37:00

Coronado Global Resources Inc. - Special Call

Negative

Coronado Global Resources Inc. Announces Executive Changes

2021-07-15 23:34:00

Coronado Global Resources Inc. announced the appointment of Mr. Christopher P. Meyering (Chris) as Vice President and Chief Legal Officer (CLO) of the company. As CLO, Chris will be responsible for all legal, regulatory and compliance matters for Coronado. He will also be a member of Coronado's group executive team. Chris has been a practicing lawyer since 1983. Chris joins Coronado from Sciens Capital Management LLC where he has been Chief Legal Officer and Chief Compliance Officer since 2000. Transition arrangements with outgoing CLO, Mr. Richard Rose, have been agreed and he will remain as CLO and Secretary of the company until 31 August 2021. Mr. Meyering will join the company on 1 September 2021 and will formally assume the role of Secretary of the company from that date.

Fundamental Summary

At a high level, the metrics from Coronado's Q1 financial report release provided many positive indicators. Their growth, value, and income factors indicate a well-executed and balanced strategy, which is generating exciting growth. There should be significant upside potential for the stock looking forward. We therefore gave Coronado a total score of 87 out of 100 and a STRONG BUY recommendation.

Coronado reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was USD 947.13 million compared to USD 376.11 million a year ago. Net income was USD 269.9 million compared to net loss of USD 40.97 million a year ago. Basic earnings per share from continuing operations was USD 0.161 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.161 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.

Business Description

Coronado, together with its subsidiaries, produces, markets, and exports metallurgical coal. The company owns a portfolio of operating mines and development projects in Queensland, Australia; and Virginia, West Virginia, and Pennsylvania in the United States. It also holds interest in the Buchanan, Logan, Greenbrier, Mon Valley, and Russell County mining properties located in the Central Appalachian region of the United States. The company was founded in 2011 and is headquartered in Brisbane, Australia. Coronado is a subsidiary of Coronado Group LLC.

Sector Overview

Coronado is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Coronado's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 2,852.4 15.9% 56
Liabilities 1,639.5 18.5% 44
Price to Book 1.9 38.1% 71
Cash & Equivalents 571.5 30.5% 85
Equity 1,212.9 12.6% 87
EBITDA 902.2 80.2% 98
Total Revenues 2,719.5 26.6% 39
Parameter Value Change Score
Return on Equity 50.6 151.7% 97
Net Cashflow 537.8 37.1% 77
Capital Expenditure -69.8 -15.1% 53
Asset Turnover 1.1 18.9% 93
Free Cashflow 0.3 38.2% 86

* All values are TTM

The below chart reflects Coronado's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Coronado's peer average final assessment score stands on 70.0, Coronado's score is 87.

  •  CRN
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
BHP Group Limited 208.5B 58 71 75
Hold
69
69 0 1
Fortescue Metals Group Limited 55.0B 65 67 75
Hold
68
68 1 1
Newcrest Mining Limited 19.4B 52 66 57
Underperform
56
56 2 1
South32 Limited 18.7B 84 72 78
Buy
82
82 3 1
Mineral Resources Limited 9.2B 55 63 61
Underperform
56
56 4 1
Lynas Rare Earths Limited 8.3B 70 69 70
Hold
71
71 5 1
Northern Star Resources Limited 8.2B 56 56 73
Underperform
55
55 6 1
IGO Limited 7.8B 50 78 72
Hold
71
71 7 1
BlueScope Steel Limited 7.3B 85 72 52
Hold
72
72 8 1
Pilbara Minerals Limited 6.9B 86 69 86
Buy
83
83 9 1
Allkem Limited 6.9B 57 61 82
Hold
65
65 10 1
OZ Minerals Limited 6.2B 74 66 78
Hold
74
74 11 1
Evolution Mining Limited 4.8B 82 64 50
Hold
64
64 12 1
Alumina Limited 4.4B 50 79 72
Hold
70
70 13 1
OZ Minerals Holdings Pty Ltd 4.0B 84 61 50
Hold
73
73 14 1
Iluka Resources Limited 3.9B 77 60 74
Hold
68
68 15 1
Andean Resources Ltd. 3.7B 86 97 41
Buy
84
84 16 1
Nickel Industries Limited 2.8B 54 60 70
Underperform
56
56 17 1
AVZ Minerals Limited 2.8B 95 68 58
Hold
75
75 18 1
Sims Limited 2.7B 68 69 82
Hold
74
74 19 1
Zimplats Holdings Limited 2.6B 77 68 64
Hold
71
71 20 1
Liontown Resources Limited 2.4B 81 84 62
Buy
84
84 21 1
Perseus Mining Limited 2.3B 81 65 83
Hold
77
77 22 1
Deterra Royalties Limited 2.3B 77 61 75
Hold
69
69 23 1
Sandfire Resources Limited 1.9B 82 69 76
Buy
79
79 24 1
Core Lithium Ltd 1.8B 83 70 69
Hold
76
76 25 1
Chalice Mining Limited 1.5B 54 81 55
Hold
67
67 26 1
Grange Resources Limited 1.5B 65 64 73
Hold
66
66 27 1
Capricorn Metals Ltd 1.3B 86 69 82
Buy
82
82 28 1
West African Resources Limited 1.3B 87 59 66
Hold
68
68 29 1
Silver Lake Resources Limited 1.2B 66 63 58
Hold
62
62 30 1
De Grey Mining Limited 1.2B 66 47 73
Underperform
53
53 31 1
Gold Road Resources Limited 1.2B 64 67 56
Hold
63
63 32 1
Lake Resources NL 1.2B 66 73 68
Hold
71
71 33 1
Sayona Mining Limited 1.2B 66 73 68
Hold
71
71 34 1
Regis Resources Limited 1.1B 53 53 69
Underperform
50
50 35 1
Piedmont Lithium Inc. 1.1B 88 77 60
Buy
84
84 36 1
5E Advanced Materials Inc. 927.2M 47 58 61
Underperform
51
51 37 1
ioneer Ltd 867.9M 85 69 51
Hold
70
70 38 1
Syrah Resources Limited 856.9M 49 50 69
Underperform
46
46 39 1
Equigold NL 854.0M 50 65 87
Hold
67
67 40 1
Ramelius Resources Limited 828.4M 56 68 62
Hold
60
60 41 1
Vulcan Energy Resources Limited 826.7M 67 78 71
Hold
77
77 42 1
Jervois Global Limited 813.1M 78 71 54
Hold
72
72 43 1
Mincor Resources NL 808.9M 62 77 57
Hold
67
67 44 1
Imdex Limited 796.9M 71 56 74
Hold
70
70 45 1
Bellevue Gold Limited 722.0M 84 69 54
Hold
70
70 46 1
St Barbara Limited 701.5M 53 70 56
Underperform
59
59 47 1
Emerald Resources NL 679.4M 60 68 84
Hold
70
70 48 1
Red 5 Limited 671.6M 47 75 59
Hold
61
61 49 1
Boart Longyear Group Ltd. 651.0M 60 74 68
Hold
69
69 50 1
Mount Gibson Iron Limited 629.5M 48 78 64
Hold
66
66 51 1
Westgold Resources Limited 575.3M 54 65 63
Underperform
58
58 52 1
OM Holdings Limited 563.6M 84 75 82
Buy
85
85 53 1
Australian Strategic Materials Ltd 540.9M 51 74 72
Hold
67
67 54 1
Neometals Ltd 531.9M 60 72 60
Hold
65
65 55 1
Adriatic Metals PLC 528.8M 66 73 68
Hold
71
71 56 1
Argosy Minerals Limited 467.8M 66 73 68
Hold
71
71 57 1
Perenti Global Limited 461.4M 60 78 67
Hold
72
72 58 1
Champion Iron Limited 441.1M 58 71 55
Hold
64
64 59 1
Panoramic Resources Limited 420.4M 58 71 67
Hold
66
66 60 1
Hastings Technology Metals Limited 404.8M 65 68 67
Hold
68
68 61 1
Alkane Resources Limited 402.0M 78 70 68
Hold
73
73 62 1
Centaurus Metals Limited 397.2M 66 73 68
Hold
71
71 63 1
Bowen Coking Coal Limited 385.5M 66 73 68
Hold
71
71 64 1
Jupiter Mines Limited 372.2M 66 81 50
Hold
64
64 65 1
Galan Lithium Limited 362.2M 66 73 68
Hold
71
71 66 1
Talga Group Ltd 359.9M 53 60 62
Underperform
53
53 67 1
BCI Minerals Limited 349.8M 71 68 60
Hold
66
66 68 1
Metals X Limited 344.8M 68 87 68
Buy
82
82 69 1
Pantoro Limited 330.8M 66 73 68
Hold
71
71 70 1
Aurelia Metals Limited 327.8M 65 58 60
Underperform
56
56 71 1
Macmahon Holdings Limited 283.7M 68 65 62
Hold
66
66 72 1
Lotus Resources Limited 277.3M 66 73 68
Hold
71
71 73 1
Firefinch Limited 236.2M 66 73 68
Hold
71
71 74 1
Andromeda Metals Limited 229.8M 66 73 68
Hold
71
71 75 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Coronado's stock is now priced above its 5-day and 200-day, but below its 50-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Coronado's stock indicates that it's likely oversold. Overall, these technical indicators don't clearly signal directional momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 62.

Neutral 62
Close Price 1.78
52W Low 0.84
52W High 2.46
5D MA 1.69
50D MA 2.11
200D MA 1.64
MACD -0.13
RSI 0.49
STOCH 40.98

Balance Sheet Analysis

Coronado appears likely to maintain its strong balance sheet metrics and momentum going forward. Coronado reported solid equity numbers this period. At filing, equity was reported as 1212.9, representing 12.6% change from the previous period. This parameter often affects companies in the same industry and market capitalization by up to 5.7%. These equity changes appear exceptionally balanced and impressive objectively compared to their peers. Therefore, its equity movement component earned a score of 87. Also, Coronado did a great job related to cash and cash equivalents this period, which stood at 571.5, representing a 30.5% change from the previous filing. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. Therefore, its cash and cash equivalents movement earned a score of 85. That said, one metric, Liabilities, stood out as particularly concerning. Coronado's liabilities stood at 1639.5 in the current filing, which represents a 18.5% change from the previous report. Coronado's liabilities changes appear mediocre compared to their peers. Contextually, they convey that management finds balancing asset growth, resource allocation, and liabilities challenging. Therefore, we rated their liabilities movement with a score of 44. Therefore, we scored the company's balance sheet a 83.

Parameter Value Change Score
Assets 2,852.4 15.9% 56
Liabilities 1,639.5 18.5% 44
Price to Book 1.9 38.1% 71
Cash & Equivalents 571.5 30.5% 85
Equity 1,212.9 12.6% 87
* All values are TTM

The below chart describes Coronado's performance as reflected on its balance sheet with respect to its peers. While Coronado received a balance sheet score of 83, the average of its peers stands on 71.0.

  •  CRN
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
BHP Group Limited 208.5B 74 92 47 52 76 58 0 1
Fortescue Metals Group Limited 55.0B 83 66 68 55 69 65 1 1
Newcrest Mining Limited 19.4B 85 72 46 46 73 52 2 1
South32 Limited 18.7B 74 73 80 79 74 84 3 1
Mineral Resources Limited 9.2B 83 73 52 42 90 55 4 1
Lynas Rare Earths Limited 8.3B 74 59 77 62 68 70 5 1
Northern Star Resources Limited 8.2B 87 70 56 48 65 56 6 1
IGO Limited 7.8B 43 37 80 42 63 50 7 1
BlueScope Steel Limited 7.3B 64 75 87 90 68 85 8 1
Pilbara Minerals Limited 6.9B 87 59 81 87 56 86 9 1
Allkem Limited 6.9B 53 64 44 65 89 57 10 1
OZ Minerals Limited 6.2B 87 72 72 69 72 74 11 1
Evolution Mining Limited 4.8B 47 57 76 96 54 82 12 1
Alumina Limited 4.4B 51 69 50 46 84 50 13 1
OZ Minerals Holdings Pty Ltd 4.0B 81 62 51 97 87 84 14 1
Iluka Resources Limited 3.9B 76 66 87 69 53 77 15 1
Andean Resources Ltd. 3.7B 70 37 60 97 92 86 16 1
Nickel Industries Limited 2.8B 41 44 72 50 70 54 17 1
AVZ Minerals Limited 2.8B 99 56 82 98 66 95 18 1
Sims Limited 2.7B 85 72 83 49 57 68 19 1
Zimplats Holdings Limited 2.6B 80 69 68 76 73 77 20 1
Liontown Resources Limited 2.4B 43 55 82 97 37 81 21 1
Perseus Mining Limited 2.3B 81 70 73 82 66 81 22 1
Deterra Royalties Limited 2.3B 99 79 61 75 68 77 23 1
Sandfire Resources Limited 1.9B 41 64 87 87 73 82 24 1
Core Lithium Ltd 1.8B 37 55 82 94 66 83 25 1
Chalice Mining Limited 1.5B 98 78 39 46 89 54 26 1
Grange Resources Limited 1.5B 54 70 51 71 92 65 27 1
Capricorn Metals Ltd 1.3B 69 59 81 91 65 86 28 1
West African Resources Limited 1.3B 92 56 81 92 42 87 29 1
Silver Lake Resources Limited 1.2B 69 62 62 71 57 66 30 1
De Grey Mining Limited 1.2B 44 49 79 69 48 66 31 1
Gold Road Resources Limited 1.2B 83 72 56 65 60 64 32 1
Lake Resources NL 1.2B 78 74 55 64 78 66 33 1
Sayona Mining Limited 1.2B 78 74 55 64 78 66 34 1
Regis Resources Limited 1.1B 77 74 51 48 63 53 35 1
Piedmont Lithium Inc. 1.1B 97 54 82 97 39 88 36 1
5E Advanced Materials Inc. 927.2M 44 83 54 45 37 47 37 1
ioneer Ltd 867.9M 98 56 80 86 52 85 38 1
Syrah Resources Limited 856.9M 63 75 38 46 94 49 39 1
Equigold NL 854.0M 57 46 86 50 45 50 40 1
Ramelius Resources Limited 828.4M 67 41 78 48 49 56 41 1
Vulcan Energy Resources Limited 826.7M 39 53 80 74 41 67 42 1
Jervois Global Limited 813.1M 71 71 44 94 95 78 43 1
Mincor Resources NL 808.9M 83 78 43 62 56 62 44 1
Imdex Limited 796.9M 59 69 83 61 75 71 45 1
Bellevue Gold Limited 722.0M 96 56 81 87 42 84 46 1
St Barbara Limited 701.5M 80 69 51 49 61 53 47 1
Emerald Resources NL 679.4M 51 58 80 51 57 60 48 1
Red 5 Limited 671.6M 49 45 39 55 96 47 49 1
Boart Longyear Group Ltd. 651.0M 85 79 39 60 87 60 50 1
Mount Gibson Iron Limited 629.5M 94 76 39 41 74 48 51 1
Westgold Resources Limited 575.3M 77 65 55 47 73 54 52 1
OM Holdings Limited 563.6M 84 69 84 81 50 84 53 1
Australian Strategic Materials Ltd 540.9M 44 69 55 46 84 51 54 1
Neometals Ltd 531.9M 97 77 46 50 97 60 55 1
Adriatic Metals PLC 528.8M 78 74 55 64 78 66 56 1
Argosy Minerals Limited 467.8M 78 74 55 64 78 66 57 1
Perenti Global Limited 461.4M 68 71 51 61 74 60 58 1
Champion Iron Limited 441.1M 66 49 73 47 67 58 59 1
Panoramic Resources Limited 420.4M 78 75 43 58 85 58 60 1
Hastings Technology Metals Limited 404.8M 75 72 56 67 67 65 61 1
Alkane Resources Limited 402.0M 45 56 83 88 40 78 62 1
Centaurus Metals Limited 397.2M 78 74 55 64 78 66 63 1
Bowen Coking Coal Limited 385.5M 78 74 55 64 78 66 64 1
Jupiter Mines Limited 372.2M 63 93 46 52 80 66 65 1
Galan Lithium Limited 362.2M 78 74 55 64 78 66 66 1
Talga Group Ltd 359.9M 90 78 38 45 95 53 67 1
BCI Minerals Limited 349.8M 86 73 58 67 82 71 68 1
Metals X Limited 344.8M 90 77 50 67 80 68 69 1
Pantoro Limited 330.8M 78 74 55 64 78 66 70 1
Aurelia Metals Limited 327.8M 85 69 59 60 72 65 71 1
Macmahon Holdings Limited 283.7M 47 61 72 78 44 68 72 1
Lotus Resources Limited 277.3M 78 74 55 64 78 66 73 1
Firefinch Limited 236.2M 78 74 55 64 78 66 74 1
Andromeda Metals Limited 229.8M 78 74 55 64 78 66 75 1

Income Statement Analysis

EBITDA and Return Factors stand out as the most significant drivers of Coronado's income statement's strength. Coronado's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 902.2, which represents a 80.2% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 21.0%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. The company's EBITDA movement, therefore, received a grade of 98. Also, Coronado's reported return on equity (ROE) ratio was 50.6, representing a change of 151.7%. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. The company's return factors (ROA & ROE) components, therefore, received a grade of 97. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Coronado's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 24.3 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. Its revenue efficiency, therefore, received a grade of 39. Therefore, it received a score of 74.

Parameter Value Change Score
EBITDA 902.2 80.2% 98
Total Revenues 2,719.5 26.6% 39
Return on Equity 50.6 151.7% 97
* All values are TTM

The below chart describes Coronado's performance as reflected on its income statement with respect to its peers. While Coronado received a income statement score of 74 , the average of its peers stands on 69.0.

  •  CRN
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
BHP Group Limited 208.5B 64 79 79 71 0 1
Fortescue Metals Group Limited 55.0B 58 78 75 67 1 1
Newcrest Mining Limited 19.4B 95 45 48 66 2 1
South32 Limited 18.7B 47 94 95 72 3 1
Mineral Resources Limited 9.2B 94 42 44 63 4 1
Lynas Rare Earths Limited 8.3B 50 91 83 69 5 1
Northern Star Resources Limited 8.2B 48 66 68 56 6 1
IGO Limited 7.8B 98 72 48 78 7 1
BlueScope Steel Limited 7.3B 86 71 66 72 8 1
Pilbara Minerals Limited 6.9B 38 96 96 69 9 1
Allkem Limited 6.9B 46 75 74 61 10 1
OZ Minerals Limited 6.2B 48 82 82 66 11 1
Evolution Mining Limited 4.8B 94 46 43 64 12 1
Alumina Limited 4.4B 87 73 76 79 13 1
OZ Minerals Holdings Pty Ltd 4.0B 39 88 45 61 14 1
Iluka Resources Limited 3.9B 50 62 89 60 15 1
Andean Resources Ltd. 3.7B 37 89 91 97 16 1
Nickel Industries Limited 2.8B 66 61 55 60 17 1
AVZ Minerals Limited 2.8B 87 63 41 68 18 1
Sims Limited 2.7B 45 90 92 69 19 1
Zimplats Holdings Limited 2.6B 94 50 52 68 20 1
Liontown Resources Limited 2.4B 87 78 91 84 21 1
Perseus Mining Limited 2.3B 42 88 83 65 22 1
Deterra Royalties Limited 2.3B 45 83 66 61 23 1
Sandfire Resources Limited 1.9B 64 73 74 69 24 1
Core Lithium Ltd 1.8B 87 47 81 70 25 1
Chalice Mining Limited 1.5B 99 65 76 81 26 1
Grange Resources Limited 1.5B 74 61 61 64 27 1
Capricorn Metals Ltd 1.3B 37 98 97 69 28 1
West African Resources Limited 1.3B 43 84 63 59 29 1
Silver Lake Resources Limited 1.2B 95 42 41 63 30 1
De Grey Mining Limited 1.2B 44 45 76 47 31 1
Gold Road Resources Limited 1.2B 94 48 49 67 32 1
Lake Resources NL 1.2B 87 62 66 73 33 1
Sayona Mining Limited 1.2B 87 62 66 73 34 1
Regis Resources Limited 1.1B 65 50 45 53 35 1
Piedmont Lithium Inc. 1.1B 87 63 68 77 36 1
5E Advanced Materials Inc. 927.2M 74 37 56 58 37 1
ioneer Ltd 867.9M 87 55 60 69 38 1
Syrah Resources Limited 856.9M 38 67 62 50 39 1
Equigold NL 854.0M 79 44 91 65 40 1
Ramelius Resources Limited 828.4M 94 51 48 68 41 1
Vulcan Energy Resources Limited 826.7M 87 67 84 78 42 1
Jervois Global Limited 813.1M 37 94 93 71 43 1
Mincor Resources NL 808.9M 98 57 59 77 44 1
Imdex Limited 796.9M 77 60 56 56 45 1
Bellevue Gold Limited 722.0M 87 44 83 69 46 1
St Barbara Limited 701.5M 93 56 53 70 47 1
Emerald Resources NL 679.4M 37 96 94 68 48 1
Red 5 Limited 671.6M 95 58 66 75 49 1
Boart Longyear Group Ltd. 651.0M 93 58 67 74 50 1
Mount Gibson Iron Limited 629.5M 99 62 66 78 51 1
Westgold Resources Limited 575.3M 84 58 43 65 52 1
OM Holdings Limited 563.6M 50 96 97 75 53 1
Australian Strategic Materials Ltd 540.9M 91 62 66 74 54 1
Neometals Ltd 531.9M 87 66 56 72 55 1
Adriatic Metals PLC 528.8M 87 62 66 73 56 1
Argosy Minerals Limited 467.8M 87 62 66 73 57 1
Perenti Global Limited 461.4M 73 81 87 78 58 1
Champion Iron Limited 441.1M 95 50 45 71 59 1
Panoramic Resources Limited 420.4M 95 50 62 71 60 1
Hastings Technology Metals Limited 404.8M 90 51 53 68 61 1
Alkane Resources Limited 402.0M 68 74 74 70 62 1
Centaurus Metals Limited 397.2M 87 62 66 73 63 1
Bowen Coking Coal Limited 385.5M 87 62 66 73 64 1
Jupiter Mines Limited 372.2M 96 46 50 81 65 1
Galan Lithium Limited 362.2M 87 62 66 73 66 1
Talga Group Ltd 359.9M 87 40 47 60 67 1
BCI Minerals Limited 349.8M 94 47 56 68 68 1
Metals X Limited 344.8M 94 84 79 87 69 1
Pantoro Limited 330.8M 87 62 66 73 70 1
Aurelia Metals Limited 327.8M 68 58 49 58 71 1
Macmahon Holdings Limited 283.7M 88 51 48 65 72 1
Lotus Resources Limited 277.3M 87 62 66 73 73 1
Firefinch Limited 236.2M 87 62 66 73 74 1
Andromeda Metals Limited 229.8M 87 62 66 73 75 1

Cash Flow Analysis

Coronado appears likely to maintain its strong cash flow metrics and momentum going forward. Coronado is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 1.1, representing a 18.9% change from the previous period. Companies in the same sector and market capitalization will usually be affected by up to 3.4 percent by this parameter. Its asset turnover metrics are especially remarkable relative to their peers. We believe the stock price has room to grow to reflect its intrinsic value accurately. Therefore, its asset turnover movement earned a score of 93. Also, Free cash flow numbers published by Coronado were 0.3, which was a 38.2% change from the previous filing. This parameter coud affect companies in the same industry and market capitalization by up to 4.3%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. Consequently, their free cash flow movement received a grade of 86. On the other hand, Capital Expenditure, jumped out as looking problematic. Coronado's published capital expenditures (CapEx) numbers were discouraging and reflected management's unbalanced growth strategy. Coronado recorded CapEx of -69.8, which represents a -15.1% change from the previous report. They appears to be headed in the wrong direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. Consequently, their CapEx movement received a grade of 53. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 81.

Parameter Value Change Score
Net Cashflow 537.8 37.1% 77
Capital Expenditure -69.8 -15.1% 53
Asset Turnover 1.1 18.9% 93
Free Cashflow 0.3 38.2% 86
* All values are TTM

The below chart describes Coronado's performance as reflected on its cash flow with respect to its peers. While Coronado received a cash flow score of 81, the average of its peers stands on 68.0.

  •  CRN
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
BHP Group Limited 208.5B 70 77 80 71 75 0 1
Fortescue Metals Group Limited 55.0B 74 78 69 74 75 1 1
Newcrest Mining Limited 19.4B 58 48 63 55 57 2 1
South32 Limited 18.7B 72 86 82 75 78 3 1
Mineral Resources Limited 9.2B 58 69 54 63 61 4 1
Lynas Rare Earths Limited 8.3B 78 63 76 58 70 5 1
Northern Star Resources Limited 8.2B 70 58 54 91 73 6 1
IGO Limited 7.8B 80 73 66 57 72 7 1
BlueScope Steel Limited 7.3B 48 47 56 70 52 8 1
Pilbara Minerals Limited 6.9B 87 97 76 78 86 9 1
Allkem Limited 6.9B 75 77 70 84 82 10 1
OZ Minerals Limited 6.2B 69 97 66 73 78 11 1
Evolution Mining Limited 4.8B 54 49 61 39 50 12 1
Alumina Limited 4.4B 68 74 76 70 72 13 1
OZ Minerals Holdings Pty Ltd 4.0B 49 86 84 39 50 14 1
Iluka Resources Limited 3.9B 75 84 52 74 74 15 1
Andean Resources Ltd. 3.7B 40 55 56 37 41 16 1
Nickel Industries Limited 2.8B 75 63 76 61 70 17 1
AVZ Minerals Limited 2.8B 60 69 76 37 58 18 1
Sims Limited 2.7B 83 98 56 82 82 19 1
Zimplats Holdings Limited 2.6B 75 77 63 44 64 20 1
Liontown Resources Limited 2.4B 59 69 76 51 62 21 1
Perseus Mining Limited 2.3B 69 94 90 83 83 22 1
Deterra Royalties Limited 2.3B 77 88 96 51 75 23 1
Sandfire Resources Limited 1.9B 73 85 63 71 76 24 1
Core Lithium Ltd 1.8B 61 69 76 72 69 25 1
Chalice Mining Limited 1.5B 53 62 84 38 55 26 1
Grange Resources Limited 1.5B 75 79 76 62 73 27 1
Capricorn Metals Ltd 1.3B 81 83 81 79 82 28 1
West African Resources Limited 1.3B 73 84 42 58 66 29 1
Silver Lake Resources Limited 1.2B 63 53 64 47 58 30 1
De Grey Mining Limited 1.2B 80 69 76 61 73 31 1
Gold Road Resources Limited 1.2B 57 57 54 50 56 32 1
Lake Resources NL 1.2B 68 69 76 60 68 33 1
Sayona Mining Limited 1.2B 68 69 76 60 68 34 1
Regis Resources Limited 1.1B 65 76 68 69 69 35 1
Piedmont Lithium Inc. 1.1B 59 62 69 54 60 36 1
5E Advanced Materials Inc. 927.2M 55 48 71 71 61 37 1
ioneer Ltd 867.9M 47 57 54 51 51 38 1
Syrah Resources Limited 856.9M 59 58 43 98 69 39 1
Equigold NL 854.0M 91 69 72 84 87 40 1
Ramelius Resources Limited 828.4M 59 56 81 58 62 41 1
Vulcan Energy Resources Limited 826.7M 67 69 76 69 71 42 1
Jervois Global Limited 813.1M 43 51 38 82 54 43 1
Mincor Resources NL 808.9M 63 63 72 45 57 44 1
Imdex Limited 796.9M 71 72 79 73 74 45 1
Bellevue Gold Limited 722.0M 51 64 56 51 54 46 1
St Barbara Limited 701.5M 54 46 71 55 56 47 1
Emerald Resources NL 679.4M 84 81 80 81 84 48 1
Red 5 Limited 671.6M 68 49 48 59 59 49 1
Boart Longyear Group Ltd. 651.0M 62 74 81 63 68 50 1
Mount Gibson Iron Limited 629.5M 68 69 59 56 64 51 1
Westgold Resources Limited 575.3M 59 69 71 59 63 52 1
OM Holdings Limited 563.6M 75 90 90 75 82 53 1
Australian Strategic Materials Ltd 540.9M 72 69 76 69 72 54 1
Neometals Ltd 531.9M 62 54 71 52 60 55 1
Adriatic Metals PLC 528.8M 68 69 76 60 68 56 1
Argosy Minerals Limited 467.8M 68 69 76 60 68 57 1
Perenti Global Limited 461.4M 61 69 54 78 67 58 1
Champion Iron Limited 441.1M 56 69 51 49 55 59 1
Panoramic Resources Limited 420.4M 69 69 79 54 67 60 1
Hastings Technology Metals Limited 404.8M 65 68 74 57 67 61 1
Alkane Resources Limited 402.0M 69 58 68 71 68 62 1
Centaurus Metals Limited 397.2M 68 69 76 60 68 63 1
Bowen Coking Coal Limited 385.5M 68 69 76 60 68 64 1
Jupiter Mines Limited 372.2M 51 51 84 44 50 65 1
Galan Lithium Limited 362.2M 68 69 76 60 68 66 1
Talga Group Ltd 359.9M 53 48 76 70 62 67 1
BCI Minerals Limited 349.8M 62 54 76 49 60 68 1
Metals X Limited 344.8M 70 81 72 55 68 69 1
Pantoro Limited 330.8M 68 69 76 60 68 70 1
Aurelia Metals Limited 327.8M 72 58 54 49 60 71 1
Macmahon Holdings Limited 283.7M 72 53 46 57 62 72 1
Lotus Resources Limited 277.3M 68 69 76 60 68 73 1
Firefinch Limited 236.2M 68 69 76 60 68 74 1
Andromeda Metals Limited 229.8M 68 69 76 60 68 75 1

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