New Hope (OTCMKTS:NHPEF) Trading Up 4.9%

New Hope Co. Limited (OTCMKTS:NHPEFGet Free Report) traded up 4.9% on Friday . The company traded as high as $3.08 and last traded at $3.08. 2,400 shares were traded during trading, a decline of 21% from the average session volume of 3,032 shares. The stock had previously closed at $2.93.

New Hope Stock Performance

The business has a fifty day simple moving average of $3.07 and a two-hundred day simple moving average of $3.40.

About New Hope

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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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