Cloud Peak Energy Inc. (NYSE:CLD) shares were up 1.03% on Monday when approximately 2.47M shares were traded, against the average daily trading volume of 1.40M. Analysts at Credit Agricole recently upgraded the stock to Underperform from Buy. Cloud Peak Energy Inc. (NYSE:CLD) has a consensus Hold rating, according to Zacks Investment Research. 2 analyst has rated the stock with a sell rating, 3 have assigned a hold rating, Zero says it’s a buy, and 1 have assigned a strong buy rating to the company.
Analysts have a consensus target price of $6.56 in the 12-month period. The price objective is 11.00% higher than the recent closing price of $5.91. The 52-week price range is $1.26-$8.04 and the company has a market capitalization of $363.23M.
Cloud Peak Energy Inc. (CLD) on January 21, 2017 announced its Antelope Mine received the Wyoming Game and Fish Department’s Industry Reclamation Wildlife Stewardship Award. The mine, located in Northeastern Wyoming, was recognized for its successful efforts to promote population numbers of Golden Eagles and other raptors through habitat enhancement and use of effective protection measures, including rescuing a young eaglet that was later released at the mine following rehabilitation.
“Environmental safeguards and restoration at Antelope Mine are a key priority for us,” said Steve Cowan, General Manager of the Antelope Mine. “The Powder River Basin provides natural habitat for a wide variety of birds and animals. Working with a broad team across the company and outside experts, we’ve been able to mitigate potential impacts while mining activity proceeds. We are demonstrating the ability to produce coal that provides safe, affordable and reliable electricity while at the same time being responsible stewards of the environment.”
Antelope Mine implemented a unique and intensive monitoring program for the Golden Eagle territories located within the mine permit area. Since 2011, the mine has worked closely with the U.S. Fish and Wildlife Service Ecological Service Office and Migratory Bird Permit Office to ensure that mine operations do not negatively impact local Golden Eagle pairs.
Antelope Mine’s intensive monitoring program, coupled with rapid operational adjustments, allows the mine to operate in proximity to eagle pairs, and at the same time fosters successful nesting of the area’s Golden Eagle pairs. In the spring of 2015, as a result of Antelope Mine’s monitoring program, it was found that a Golden Eagle nest, previously near the top of the highwall, had fallen during an extreme storm. “Tumbler,” the young eaglet, had fallen to the bottom of the highwall. With the help of the Antelope Mine personnel and the visiting biologist, Tumbler was rescued and temporarily relocated to the Ironside Bird Rescue facility in Cody, Wyoming. A transitory home was created where he was trained to hunt for himself, provided visual images of other Golden Eagles, and received only limited human contact to help keep him wild.