Coronado Global Resources Confirms Lapse of 320,866 Performance Stock Units
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Coronado Global Resources Inc. announced the lapse of 320,866 performance stock units (ASX: CRNAB) due to unmet conditional rights. This lapse slightly reduces the potential equity incentives for participants but does not impact existing shareholders' capital. The current analyst rating for Coronado Global Resources (AU:CRN) is a Hold, with a price target of A$0.32. The company, focused on metallurgical coal production for steelmaking, has a market cap of A$620.3M and an average trading volume of 8,142,025 shares.
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