NACCO Industries, Inc. Stock Gains Amid Coal Production Boost

Reported 1 day ago

NACCO Industries, Inc. (NYSE:NC) has seen a 14% rise in stock price this week, driven by President Trump's executive orders to enhance coal production in the U.S. Despite the energy sector facing challenges from a falling crude oil market and rising environmental concerns, NACCO is positioned to benefit significantly from these new policies. Notably, the Freedom Mine in North Dakota, which is owned by NACCO, is seeking to expand its operations, which could further enhance the company's prospects.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis