Coronado Global Resources Inc.
CODQL · Silver Ores · 167.6M shares · +15%/yr ↑ shares · EDGAR filings ↗
Grade
D50Cyclical met-coal miner in a down-cycle with negative operating and free cash flow and weak sub-median margins.
Strengths
- Adequate liquidity (current ratio 1.55, quick ratio 1.12)
- Met coal exposure offers upside leverage if steel demand and benchmark prices recover
Risks
- Negative FCF (-$325M, 3rd pct) and negative OCF margin (-4%, 29th pct) signal cash burn
- Gross margin only 21.8% (21st pct); profitability fully hostage to volatile coal prices
- Leverage, capital-intensity, customer concentration and ESG/regulatory pressure on coal
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -22.2%)
- Cash burnNegative free cash flow (-324.8M)
- Chronic dilutionShare count +15%/yr over 3y (dilution)
- Revenue declineRevenue -15.1% YoY
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
21.8%
Net margin
-22.2%
Return on assets
-16.5%
Revenue growth (QoQ)
-15.1%
Current ratio
1.5×
Free cash flow
-$325M
Stock comp / revenue
0.0%
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-04 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-04-28 | ResultsExhibits | filing ↗ |
| 2026-04-21 | Reg FDExhibits | filing ↗ |
| 2026-03-30 | Exec/director changeExhibits | filing ↗ |
| 2026-03-02 | Exec/director change | filing ↗ |
| 2026-02-23 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-02-23 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-17 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-04 | 2026-06-03 | 0001104659-26-070367 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001562762-26-000066 ↗ |
| 8-K | 2026-04-28 | 2026-04-27 | 0001104659-26-049612 ↗ |
| 8-K | 2026-04-21 | 2026-04-20 | 0001104659-26-045590 ↗ |
| 8-K | 2026-03-30 | 2026-03-26 | 0001104659-26-036444 ↗ |
| 10-K | 2026-03-03 | 2025-12-31 | 0001562762-26-000024 ↗ |
| 8-K | 2026-03-02 | 2026-02-26 | 0001104659-26-021886 ↗ |
| 8-K | 2026-02-23 | 2026-02-23 | 0001104659-26-018621 ↗ |
| 8-K | 2026-02-23 | 2026-02-22 | 0001104659-26-018324 ↗ |
| 8-K | 2026-02-17 | 2026-02-15 | 0001104659-26-015708 ↗ |
| 8-K | 2026-01-27 | 2026-01-27 | 0001104659-26-007024 ↗ |
| 8-K | 2026-01-20 | 2026-01-20 | 0001104659-26-005121 ↗ |