Core Natural Resources, Inc. (CNR): A Bull Case Theory

We came across a bullish thesis on Core Natural Resources, Inc. (CNR) on The Coal Trader’s Substack. In this article, we will summarize the bulls’ thesis on CNR. Core Natural Resources, Inc. (CNR)'s share was trading at $71.46 as of 11^th June. CNR’s trailing P/E was 14.76 according to Yahoo Finance.

[caption id="attachment_1202556" align="aligncenter" width="768"] A large coal mining complex on a sunny day, with heavy machinery moving vast amounts of earth.[/caption]

Core Natural Resources (CNR) has faced a challenging six months amid falling met and thermal coal prices,...