New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report) was up 0.7% during trading on Tuesday . The company traded as high as $4.3450 and last traded at $4.27. Approximately 1,497 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 13,973 shares. The stock had previously closed at $4.24.
New Hope Stock Performance
The stock’s 50 day simple moving average is $3.85 and its two-hundred day simple moving average is $3.83.
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.
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