Yancoal Australia Ltd traded at 8.07 this Thursday March 26th, increasing 0.09 or 1.13 percent since the previous trading session. Looking back, over the last four weeks, Yancoal Australia gained 37.71 percent. Over the last 12 months, its price rose by 56.70 percent. Looking ahead, we forecast Yancoal Australia Ltd to be priced at 7.89 by the end of this quarter and at 7.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
Yancoal Australia Ltd is an Australia-based coal producer and coal exporters, producing premium thermal and metallurgical coal. The Company’s business activity is the production of thermal and metallurgical coal for use in the power generation and steel industries in Asian markets. It owns and operates several mines and mine sites across Australia. It owns or operates eight producing coal mines across New South Wales, Queensland and Western Australia. Its mines include Moolarben, Mount Thorley Warkworth, Hunter Valley Operations, Ashton, Yarrabee, Cameby Downs, Middlemount, and Premier Coal. Its thermal coal is primarily used in electricity generation and its end users are typically power and utilities companies. The Moolarben Coal Complex is located approximately 40 kilometers north of Mudgee in Western Coalfields of New South Wales. Mount Thorley Warkworth is an integrated operation consisting of the open cut coal mining operations of Mount Thorley Operations and Warkworth Mine.