Seeking Alpha

Oxford Resource on the move after Seeking Alpha article

  • Oxford Resource Partners (OXF +3.2%) continues higher after yesterday's 21% rise stemming from a positive Seeking Alpha article by GuruFundPicks which says a recent debt refinancing leaves OXF free to execute on a turnaround plan.
  • Operations are turning around, according to the article, and OXF should enjoy improved production at its Appalachian mines, which does not seem to have been modeled into analyst projections.
  • As coal reaches a positive inflection point, shares could have 50-150% upside.
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