Natural Resource Partners (NYSE:NRP) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.
Shares of NYSE NRP opened at $32.71 on Tuesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 2.70 and a current ratio of 2.70. The firm has a market cap of $401.03 million and a price-to-earnings ratio of 5.54. The firm’s 50-day moving average is $36.52. Natural Resource Partners has a 52 week low of $28.40 and a 52 week high of $44.71.
Natural Resource Partners (NYSE:NRP) last announced its earnings results on Wednesday, May 8th. The energy company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.45. Natural Resource Partners had a return on equity of 28.75% and a net margin of 39.71%. The firm had revenue of $67.04 million during the quarter, compared to the consensus estimate of $62.30 million. As a group, analysts predict that Natural Resource Partners will post 5.75 earnings per share for the current year.
Natural Resource Partners Company Profile
Natural Resource Partners L.P., through its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates through two segments, Coal Royalty and Other, and Soda Ash. The company owns interests in coal, soda ash, trona, and other natural resources. Its coal reserves are primarily located in Appalachia, the Illinois Basin, and the Northern Powder River Basin in the United States; aggregates and industrial minerals are located in the United States; oil and gas royalty assets located in Louisiana; and trona ore mining operation and soda ash refinery located in the Green River Basin, Wyoming.
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