International Coal Group Climbs 7.6% (ICO)

Shares of International Coal Group, Inc. ICO are trading up 7.6% at $7.80 per share during the Thursday afternoon trading session. The day's trading range for shares of International Coal Group, Inc has been between $7.24 and $7.84 per share. Analysts covering International Coal Group, Inc. (ICO) stock give it a consensus price target of $8.64 per share. Trading volume for International Coal Group, Inc has been heavy, with 6.6 million shares having been traded today, already nearly double the daily average volume of 3.5 million shares. International Coal Group, Inc is a leading producer of coal in Northern and Central Appalachia and the Illinois Basin with 13 active mining complexes, of which 12 are located in Northern and Central Appalachia and one in Central Illinois. The company's mining operations and reserves are strategically located to serve utility, metallurgical and industrial customers domestically and internationally. Read more from Benzinga's Company news.