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Stock impact report

NACCO Industries (NC) Gained This Week. Here is Why [Yahoo! Finance]

NACCO Industries, Inc. (NC) 
Company Research Source: Yahoo! Finance
NACCO Industries (NC) Gained This Week. Here is Why NACCO Industries, Inc. (NYSE:NC), along with its subsidiaries, is engaged in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. NACCO Industries, Inc. (NYSE:NC) reported its Q3 results on November 5, with the company's revenue growing by 24% YoY to $76.6 million, helped by its contract mining and minerals divisions. EBITDA for the quarter also increased by over 34% YOY to $12.5 million, driven by improvements in all segments and higher natural gas prices. However, NACCO's net income slid 15% YoY to $13.3 million, but mostly because 2024 got a special boost from a big insurance payout. NACCO Industries, Inc. (NYSE:NC) continues to strengthen its balance sheet, with total debt outstanding of $80.2 million as of September 30, down from $95.5 million as of June 30 and $99.5 million as of December 31, 2024. The company also outlined a long-term t Show less Read more
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