Hallador Energy Co. (HNRG) Stock Price Up 4.2%
Hallador Energy Co. (NASDAQ:HNRG)’s share price rose 4.2% during trading on Tuesday . The company traded as high as $6.75 and last traded at $6.51, with a volume of 115,657 shares traded. The stock had previously closed at $6.25.
HNRG has been the subject of a number of research reports. FBR & Co reaffirmed a “buy” rating on shares of Hallador Energy in a report on Tuesday, May 10th. Zacks Investment Research raised shares of Hallador Energy from a “hold” rating to a “buy” rating and set a $5.25 price objective for the company in a report on Tuesday, July 19th.
The company has a market cap of $190.42 million and a P/E ratio of 10.30. The stock’s 50 day moving average price is $5.35 and its 200-day moving average price is $4.84.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 12th. Stockholders of record on Friday, July 29th were issued a dividend of $0.04 per share. The ex-dividend date was Wednesday, July 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.46%.
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.
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