|Last Price$0.05||Day Change (%)-16.67%|
|Open Price$0.05||Day Change ($)-0.01|
|Day Range0.05–0.05||52-Week Range0.03–0.10|
As of Thu 9/22/2016 4:58:00 PM | USD
On Monday, Central Appalachian coal producer Massey Energy MEE lowered its full-year forecast for sales volume and realized prices and projected higher unit costs. Massey is facing delays on some key projects, including the restart at Aracoma. However, Massey's new forecast is in line with our ...
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The near term will surely be bumpy, but valuations look prettier today than they have in years.
Coal ETFs carry above-average risk but offer compelling reward potential right now.