BUZZ-Australia's Whitehaven Coal jumps on stronger Q1 production results

Reuters

2024/10/25

** Shares of Whitehaven Coal rise as much as 7.8% to A$6.920, hitting their highest level since Oct 18

** Stock set for best trading session since late August ** Australia's top independent coal miner posts 82% rise in Q1 managed ROM coal production to 9.7 mln metric tons

** Co beats market expectations of 9.1 mln tons

** WHC says FY25 forecast remains unchanged

** Stock down 13.7% YTD, as of last close

(Reporting by Shivangi Lahiri in Bengaluru) ((mailto:shivangi.lahiri@thomsonreuters.com))

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