Hallador Energy Co. (HNRG) Trading Down 0.5%
Shares of Hallador Energy Co. (NASDAQ:HNRG) fell 0.5% on Thursday . The company traded as low as $6.16 and last traded at $6.30, with a volume of 69,937 shares trading hands. The stock had previously closed at $6.33.
A number of research firms recently weighed in on HNRG. Zacks Investment Research downgraded Hallador Energy from a “buy” rating to a “hold” rating in a research note on Thursday, July 21st. FBR & Co restated a “buy” rating on shares of Hallador Energy in a research note on Tuesday, May 10th.
The stock has a market cap of $183.98 million and a P/E ratio of 9.95. The company has a 50 day moving average price of $5.46 and a 200-day moving average price of $4.87.
The company also recently announced a quarterly dividend, which was paid on Friday, August 12th. Shareholders of record on Friday, July 29th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date of this dividend was Wednesday, July 27th.
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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