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RBC Capital analysts this week lowered their price target for Warrior Met Coal (NYSE:HCC) as costs balloon at the steelmaking coal company’s Blue Creek mine project. The analysts dropped their price target from $74 to $64 after the company said it plans to spend $335 million to $390 million this year on developing the mine and other discretionary expenditures. That figure was 32% higher than the RBC analysts had expected and 24% above consensus expectations. For the fourth quarter, the analysts were expecting the company to spend $152 million in capex, mostly on the mine expansion, while a con…

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