New Hope (OTCMKTS:NHPEF – Get Free Report) is expected to issue its results before the market opens on Tuesday, March 17th. Analysts expect the company to announce earnings of $0.0591 per share and revenue of $558.8520 million for the quarter.
New Hope Price Performance
Shares of OTCMKTS NHPEF opened at $3.83 on Monday. The company’s fifty day simple moving average is $3.26 and its 200 day simple moving average is $2.93. New Hope has a 12-month low of $2.00 and a 12-month high of $3.90.
About New Hope
New Hope Corporation Limited (OTCMKTS:NHPEF) is an Australian resources company headquartered in Brisbane, Queensland. The company is principally engaged in the exploration, development and mining of thermal coal reserves. Established with a focus on long-term supply, New Hope operates a portfolio of coal assets in eastern Australia.
Key mining operations include the New Acland Coal Mine on the Darling Downs and the Boggabri Coal Mine project in New South Wales. Utilizing open-cut mining methods, the company produces medium- to high-quality thermal coal for electricity generation.
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