New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report)’s stock price was up 2.2% on Tuesday . The company traded as high as $3.90 and last traded at $3.80. 31,714 shares traded hands during trading, an increase of 122% from the average daily volume of 14,254 shares. The stock had previously closed at $3.7175.
New Hope Stock Up 0.8%
The stock’s fifty day moving average price is $3.92 and its 200-day moving average price is $3.74.
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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