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BUZZ-Australia's Whitehaven Coal falls after posting drop in quarterly output

Reuters
10/24
BUZZ-Australia's <a href="https://laohu8.com/S/WHC.AU">Whitehaven Coal</a> falls after posting drop in quarterly output

** Shares of Australia's Whitehaven Coal WHC.AX fall as much as 4.6% to A$6.69, marking their biggest intraday pct. loss since September 3

** Stock hits lowest level since October 15

** Coal producer reports nearly 7% fall in quarterly managed run-of-mine $(ROM)$ coal production

** Quarterly managed ROM coal output of 9 million metric tonnes misses Visible Alpha estimate of 9.3 million metric tonnes

** Stock up 9.5% YTD

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))

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