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Research analysts at RBC Capital upped their price objective on shares of Whitehaven Coal Limited (ASX:WHC) from $1.50 to $2.00 in a report released on Thursday. The firm currently has a “sector perform” rating on the stock.

Shares of Whitehaven Coal Limited (ASX:WHC) traded up 2.90% on Thursday, hitting A$1.950. 4,659,628 shares of the company’s stock traded hands. Whitehaven Coal Limited has a 52-week low of A$1.360 and a 52-week high of A$2.230. The stock’s 50-day moving average is A$1.72 and its 200-day moving average is A$1.60. The company’s market cap is A$2.000 billion.

Whitehaven Coal Limited (ASX:WHC) is engaged in the development and operation of coal mines in New South Wales.

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