Whitehaven Coal (OTCMKTS:WHITF) Trading Down 0.8% – Here’s Why

Whitehaven Coal Limited (OTCMKTS:WHITFGet Free Report)’s stock price fell 0.8% during trading on Friday . The stock traded as low as $4.14 and last traded at $4.17. 43,365 shares changed hands during mid-day trading, an increase of 44% from the average session volume of 30,187 shares. The stock had previously closed at $4.20.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on WHITF

Whitehaven Coal Price Performance

The firm has a 50 day moving average price of $4.45 and a 200-day moving average price of $4.80.

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.

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