Coal Entering Oversold Territory

Industrial Metals

Paragon Report released research on James River Coal Company (NASDAQ:JRCC) and Patriot Coal Corporation (NYSE:PCX) and the outlook for the coal industry.

Paragon Report released research on James River Coal Company (NASDAQ:JRCC) and Patriot Coal Corporation (NYSE:PCX) and the outlook for the coal industry.

As quoted in the press release:

Patriot Coal Corporation announced that it entered into a commitment letter for a new revolving credit facility and new term loan facility for a total of $625 million from Citigroup Global Markets, Inc., Barclays Bank PLC and Natixis, New York Branch.

Click here for the Paragon Report press release.

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