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Core Natural Resources Inc (CNR) Looks Ready for Growth Despite -36.90% Change This Year

Core Natural Resources Inc (NYSE: CNR) is -36.90% lower on its value in year-to-date trading and has touched a low of $67.88 and a high of $134.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CNR stock was last observed hovering at around $69.95 in the last trading session, with the day’s loss setting it -2.63%.

Currently trading at $67.32, the stock is -12.61% and -25.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing -3.76% at the moment leaves the stock -33.44% off its SMA200. CNR registered -25.65% loss for a year compared to 6-month loss of -28.87%.

The stock witnessed a -24.45% gain in the last 1 month and extending the period to 3 months gives it a -47.22%, and is -9.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.97% over the week and 5.05% over the month.

Core Natural Resources Inc (CNR) has around 2076 employees, a market worth around $3.64B and $2.21B in sales. Current P/E ratio is 7.00 and Fwd P/E is 4.15. Profit margin for the company is 12.96%. Distance from 52-week low is -0.83% and -49.98% from its 52-week high. The company has generated returns on investments over the last 12 months (17.17%).

with sales reaching $971.5M over the same period.The EPS is expected to shrink by -10.01% this year, but quarterly earnings will post 88.25% year-over-year. Quarterly sales are estimated to grow 71.93% in year-over-year returns.

Core Natural Resources Inc (CNR) Top Institutional Holders

The shares outstanding are 54.02M, and float is at 52.71M with Short Float at 6.72%.

Core Natural Resources Inc (CNR) Insider Activity

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Core Natural Resources Inc disclosed in a document filed with the SEC on Jun 28 ’24 that Brock James A (Chief Executive Officer) sold a total of 15,698 shares of the company’s common stock. The trade occurred on Jun 28 ’24 and was made at $100.99 per share for $1.59 million. Following the transaction, the insider now directly holds 0.51 million shares of the CNR stock.

Still, SEC filings show that on Jun 27 ’24, Brock James A (Chief Executive Officer) disposed off 1,700 shares at an average price of $99.55 for $0.17 million. The insider now directly holds 529,487 shares of Core Natural Resources Inc (CNR).

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