New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report)’s share price fell 3% on Tuesday . The stock traded as low as $3.85 and last traded at $3.90. Approximately 228,056 shares traded hands during trading, an increase of 1,892% from the average session volume of 11,448 shares. The stock had previously closed at $4.02.
New Hope Price Performance
The company’s 50-day moving average is $3.93 and its 200-day moving average is $3.51.
New Hope Company Profile
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.
Featured Stories
- Five stocks we like better than New Hope
- Oracle’s Sell-Off Looks More Like a Mispricing Than a Warning
- Apple’s Intel Deal Arrives at the Right Time for Its Stock
- Liquid Gold: The AI Cooling Retrofit Trade
- 3 Dividend Stocks Under $30 to Anchor Your Portfolio
Receive News & Ratings for New Hope Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Hope and related companies with MarketBeat.com's FREE daily email newsletter.
