Coal Asia Holdings Inc. Stock Analysis COAL.PM

Coal Asia Holdings, Inc. engages in the operations of coal mining and energy-related business. The firm is focused on the acquisition of companies specializing in the exploration, development, and mining of coal and other energy-related businesses in the Philippines and around Asia. The firm has one operating segment, which is the coal mining segment. The coal mining segment undertakes the exploration and evaluation activities of the coal reserves of the Company, which is within its country of domicile. The firm has two coal operating contracts (COCs) located in Davao Oriental (COC No. 159) and Zamboanga Sibugay (COC No. 166). Its subsidiary, Titan Mining and Energy Corporation (TMEC), is engaged in the operations of coal mining and energy-related businesses.