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Posted by
Two Blokes Jun 15 -
Filed in
Stock
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5 views
Following the purchase of two mature assets, Australian miner Whitehaven Coal has added metallurgical coal production on top of its traditional thermal coal mining activities. The purchase has also enabled the company to double in size and become more diversified. Still, its debt level remains manageable. Valuation is attractive, with the price-to-book ratio below 1, historically signaling profitable entry points; management is shareholder-friendly and prudent with dividends and buybacks.
