StockIceMan's Weekly Stock Pick
Week of
June 30, 2008
|
Stock: |
National Coal Corporation |
|
|
|
Ticker Symbol: |
NCOC - Nasdaq - Industrial
Metals and Minerals |
|
|
|
Buy: |
9.00
to 9.50 |
|
|
|
Sell: |
12.00 |
|
|
|
Info: |
National Coal Corp., together with its
subsidiaries, engages in mining, processing, and
selling bituminous steam coal in east Tennessee
and north Alabama. It serves electric utilities,
industrial companies, and coal resellers. The
company sells products through its employees,
consultants, and independent brokers in the
southeastern region of the United States. As of
December 31, 2007, its active mining complexes
included two underground mines, six surface
mines, and two highwall mines. The company was
founded in 2003 and is headquartered in
Knoxville, Tennessee. |
|
|
|
Financial Info: |
For
the three months ended 3/31/2008, revenues
increased 87% to $35.7 million. Net loss
applicable to Common increased 75% to $10.7
million. |
|
|
|
Key Ratios: |
Current
Ratio: 0.993, Total
Debt/Equity Ratio: 71.349, Trailing P/E: N/A,
Forward P/E: 9.68x, Price/Sales: 2.85,
Price/Book: 172.41 |
|
|
|
Share Info: |
There are 31.15
million shares outstanding with 25.70
million shares in the trading
float. Institutions own
approximately 5.30% of the shares
outstanding. There have been 7 insider
purchases totaling 2,040,680 shares and
18 insider sales totaling 3,174,040
shares in the last six months.
Real-Time SEC Filings
As of 5/27/2008, there were 500,870 shares short.
Net Institutional Selling: 41,434 shares last quarter. |
|
|
|
Articles: |
National Coal Corp. Set to Join Russell 3000
Index |
|
