New Hope (OTCMKTS:NHPEF – Get Free Report) is expected to be issuing its results before the market opens on Tuesday, March 17th. Analysts expect the company to announce earnings of $0.0591 per share and revenue of $558.8520 million for the quarter.
New Hope Stock Up 4.7%
New Hope stock opened at $3.77 on Tuesday. New Hope has a 12-month low of $2.00 and a 12-month high of $3.77. The firm’s fifty day moving average price is $3.18 and its 200 day moving average price is $2.91.
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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