Whitehaven Coal (OTCMKTS:WHITF) Stock Price Up 3.9%

Whitehaven Coal Ltd (OTCMKTS:WHITF)’s share price rose 3.9% during mid-day trading on Thursday . The stock traded as high as $2.32 and last traded at $2.32, approximately 3,000 shares changed hands during trading. An increase of 74% from the average daily volume of 1,729 shares. The stock had previously closed at $2.23.

Separately, JPMorgan Chase & Co. cut shares of Whitehaven Coal from an “overweight” rating to a “neutral” rating in a research report on Wednesday, September 25th.

The firm’s 50-day moving average price is $2.23 and its 200-day moving average price is $2.61.

About Whitehaven Coal (OTCMKTS:WHITF)

Whitehaven Coal Limited develops and operates coal mines in New South Wales. The company operates through two segments, Open Cut Operations and Underground Operations. It operates six mines in North West New South Wales; five open cut mines at Maules Creek, Tarrawonga, Rocglen, Werris Creek, and Sunnyside; and one underground mine at Narrabri.

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