Winning WMLP Stock Forecast: Westmoreland Wins More Capital, Continues Capital Restructuring
“Together with our financial and legal advisers we are designing an improved capital structure for Westmoreland Coal and all of our subsidiaries. Our aim is to create a capital structure that better aligns with our cash flow and allows for an improved balance sheet.”
-Gary Kohn, Chief Financial Officer of Westmoreland
Westmoreland Resource Partners (NYSE: WMLP) is a company that produces and sells thermal coal across the US. On May 22, on May 23, 2018, WMLP opened at $1.34 and soared up to $4.55 before closing at $3.94 with a trading volume of over 10