BUZZ-Australia's TerraCom falls as coal production from QLD mine misses estimates

Reuters
31 Jan
BUZZ-Australia's TerraCom falls as coal production from QLD mine misses estimates

** Shares of TerraCom fall 8.1% to A$0.170, their lowest levels since Dec 27, 2024

** The coal miner reports production in its Blair Athol mine in Queensland was impacted due to rains throughout the quarter

** Co also reports lower-than-planned coal sales of 314 kilo-tons

** Stock set for four straight months of losses

** About 2.3 mln shares trade hands on Friday, 3.2 times the 30-day average of 736,884 shares

** Stock fell 5.6% this month, including session's moves

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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