Whitehaven Coal (OTCMKTS:WHITF) Upgraded at The Goldman Sachs Group

Whitehaven Coal (OTCMKTS:WHITF) was upgraded by stock analysts at The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Sunday, Zacks.com reports.

Whitehaven Coal Stock Performance

Shares of Whitehaven Coal stock opened at $4.50 on Friday. Whitehaven Coal has a 1 year low of $3.35 and a 1 year high of $6.16. The business has a 50-day moving average of $4.50 and a two-hundred day moving average of $4.96.

Whitehaven Coal Company Profile

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.