Hallador Energy (NASDAQ:HNRG) Posts Earnings Results, Beats Expectations By $0.39 EPS

Hallador Energy (NASDAQ:HNRG) announced its quarterly earnings data on Monday. The energy company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.39, Zacks reports. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%.

Hallador Energy Stock Performance

NASDAQ:HNRG traded down $0.12 during mid-day trading on Monday, hitting $15.19. The company’s stock had a trading volume of 710,823 shares, compared to its average volume of 575,167. Hallador Energy has a 1 year low of $4.86 and a 1 year high of $15.94. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. The stock has a market cap of $652.81 million, a price-to-earnings ratio of -27.62 and a beta of 0.42. The business’s fifty day moving average is $12.66 and its two-hundred day moving average is $11.89.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. StockNews.com lowered shares of Hallador Energy from a “hold” rating to a “sell” rating in a report on Monday, May 5th. B. Riley upped their price target on shares of Hallador Energy from $13.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, April 1st.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.