James River Coal (JRCC) is now being covered by research analysts at Deutsche Bank. JRCC has been given an initial price target of $27 dollars and given a Buy rating.
The company is slated to release their upcoming earnings report on August 8, 2011. JRCC is trending in between its 50 & 200-day moving averages. The yearly high for JRCC is $27.05 with the low being $14.44. The company has a market cap of $579,000,000 with 27,779,000 shares outstanding.
James River Coal (JRCC) processes and sells bituminous, steam- and industrial-grade coal through six operating subsidiaries (“mining complexes”) located throughout eastern Kentucky and in southern Indiana. As of December 31, 2010, their six mining complexes included 18 underground mines, 9 surface mines and 10 preparation plants, five of which have integrated rail loadout facilities and three of which use a common loadout facility at a separate location.
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