New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report)’s share price was down 13% during mid-day trading on Friday . The company traded as low as $2.41 and last traded at $2.41. Approximately 775 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 1,790 shares. The stock had previously closed at $2.77.
New Hope Stock Performance
The company’s 50-day moving average is $2.54 and its two-hundred day moving average is $2.67.
New Hope Company Profile
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales.
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