New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report)’s share price was down 3.3% during trading on Wednesday. The company traded as low as $4.2150 and last traded at $4.2150. Approximately 952 shares changed hands during trading, a decline of 93% from the average daily volume of 12,705 shares. The stock had previously closed at $4.36.
New Hope Stock Performance
The stock’s 50 day moving average is $4.30 and its two-hundred day moving average is $4.02.
About New Hope
New Hope Corporation Limited is an Australian coal mining and energy company whose shares trade in the United States over the counter under the symbol NHPEF. The company explores for, develops and produces thermal coal for domestic and international customers, with its activities focused primarily on Australia.
New Hope’s principal operations include the New Acland mine in Queensland and an interest in the Bengalla coal mine in New South Wales. The company also manages related coal processing, transportation and export activities, connecting its production with customers in international energy markets.
Founded in 1952, New Hope has expanded from its Australian mining base into a significant producer and exporter of thermal coal.
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