Yanzhou Coal Mining Co Ltd (ADR) (YZC) was Upgraded by Credit Suisse to ” Neutral”. Earlier the firm had a rating of “Underperform ” on the company shares. Credit Suisse advised their investors in a research report released on Nov 21, 2016.
Yanzhou Coal Mining Co Ltd (ADR) closed down -0.23 points or -3.21% at $6.94 with 21,772 shares getting traded on Monday. Post opening the session at $6.99, the shares hit an intraday low of $6.911 and an intraday high of $6.99 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Yanzhou Coal Mining Company Limited (Yanzhou Coal) is a mining company with coal coal chemicals power generation business and potash resources. The Group is engaged in mining washing and processing and sales of coal and production of semi-hard coking coal semisoft coking coal pulverized coal injection (PCI) and thermal coal. The Group operates through three business segments: Coal mining Coal railway transportation and Methanol electricity and heat supply. The Coal mining segment is engaged in underground and open-cut mining preparation and sales of coal and potash mineral exploration. The Coal railway transportation segment provides railway transportation services. The Methanol electricity and heat supply segment is engaged in the production and sales of methanol and electricity and related heat supply services.