BUZZ-Australia's Coronado Global gains on naming ex-Evolution Mining exec as CFO

Reuters
2024/12/23
BUZZ-Australia's Coronado Global gains on naming ex-Evolution Mining exec as CFO

** Shares of Coronado Global Resources CRN.AX rise as much as 4.5% to A$0.7625, snapping a six-day losing streak

** Stock logs its largest intraday pct gain since early October

** The coal producer, with operations in Australia and the U.S., names Barrie van der Merwe as new CFO

** Van der Merwe, who will start his new role in April 2025, earlier held the top financial position at gold miner Evolution Mining EVN.AX

** Outgoing CFO Gerhard Ziems has not the disclosed reason behind his departure

** Stock down ~57% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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