Hallador Energy (NASDAQ:HNRG) Issues Quarterly Earnings Results, Beats Expectations By $0.39 EPS

Hallador Energy (NASDAQ:HNRG) released its quarterly earnings results on Monday. The energy company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.39, Zacks reports. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%.

Hallador Energy Stock Performance

NASDAQ HNRG traded down $0.12 on Monday, hitting $15.19. The stock had a trading volume of 710,674 shares, compared to its average volume of 646,548. Hallador Energy has a one year low of $4.86 and a one year high of $15.74. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. The stock has a market cap of $652.81 million, a price-to-earnings ratio of -27.62 and a beta of 0.42. The company’s 50-day moving average is $12.66 and its two-hundred day moving average is $11.89.

Analysts Set New Price Targets

Several analysts have issued reports on the company. B. Riley upped their price objective on Hallador Energy from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, April 1st. StockNews.com downgraded shares of Hallador Energy from a “hold” rating to a “sell” rating in a research report on Monday, May 5th.

Hallador Energy Company Profile

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.