Terracom Ltd traded at 0.07 this Friday February 6th, decreasing 0.001 or 1.47 percent since the previous trading session. Looking back, over the last four weeks, Terracom lost 4.69 percent. Over the last 12 months, its price fell by 61.71 percent. Looking ahead, we forecast Terracom Ltd to be priced at 0.06 by the end of this quarter and at 0.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
TerraCom Limited is an Australia-based mining resources company. The Company has a portfolio of assets in Australia and South Africa within the coal sector. Its Australian Business Unit comprises one operational mine, the flagship Blair Athol Coal Mine, located in Clermont, Queensland, which exports over 2.2 million tons per annum of thermal coal. The Springsure project consists of contiguous tenements, such as EPC 1674, EPC 1103 and MDL 3002 and is in the Central-Western Bowen Basin Coal Mining District of Queensland, covering approximately 1,178 km2. The Clyde Park Coal project consists of contiguous tenements, such as EPC 1250 and EPC 1260, situated on the northeastern edge of the Galilee Basin in Queensland, covering approximately 133 km2. The Northern Galilee project is a consolidation of the Hughenden and Pentland projects, comprising tenements covering over 2,160 km2. Its South African operations include Kangala Colliery, Ubuntu Colliery, and Arnot South, among others.