Warrior Met Coal Re-Affirms FY24 Interest Income $20M-$25M; Capital Expenditures For Existing Mines $100M-$110M
Portfolio Pulse from Benzinga Newsdesk
Warrior Met Coal has re-affirmed its FY24 interest income projection of $20M-$25M and plans for capital expenditures on existing mines to be between $100M-$110M.
May 01, 2024 | 9:12 pm
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Warrior Met Coal re-affirms FY24 interest income of $20M-$25M and capital expenditures of $100M-$110M for existing mines.
Re-affirming its financial projections and capital expenditure plans indicates Warrior Met Coal's confidence in its financial health and operational stability. This transparency and commitment to investment in existing assets could positively influence investor sentiment, potentially leading to a short-term uptick in HCC's stock price.
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