Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Bowen Coking Coal Ltd ( (AU:BCB) ) just unveiled an update.
Bowen Coking Coal Ltd has announced an update on its coal reserves and resources at the Ellensfield South/Plumtree North and Broadmeadow East projects, part of the Bowen Complex. The total Run-of-Mine (ROM) coal reserve for Ellensfield South/Plumtree North is confirmed at 11 million tonnes, while Broadmeadow East remains at 1.50 million tonnes. The Hillalong South project saw an increase in total coal resources to 60 million tonnes. These updates reflect ongoing mining activities and adjustments in resource estimates, impacting the company’s operational planning and potential market offerings.
The most recent analyst rating on (AU:BCB) stock is a Buy with a A$0.04 price target. To see the full list of analyst forecasts on Bowen Coking Coal Ltd stock, see the AU:BCB Stock Forecast page.
More about Bowen Coking Coal Ltd
Bowen Coking Coal Ltd is a company operating in the coal mining industry, focusing on the production of coking coal, which is a key component in steel manufacturing. The company is involved in the exploration and development of coal reserves in the Bowen Basin region of Queensland, Australia.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.08M
Learn more about BCB stock on TipRanks’ Stock Analysis page.