Hallador Energy Co. (HNRG) Shares Down 0.5%
Hallador Energy Co. (NASDAQ:HNRG) shares fell 0.5% on Thursday . The stock traded as low as $6.16 and last traded at $6.30, with a volume of 69,937 shares. The stock had previously closed at $6.33.
Several brokerages have weighed in on HNRG. Zacks Investment Research lowered shares of Hallador Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 12th. FBR & Co restated a “buy” rating on shares of Hallador Energy in a research report on Tuesday, May 10th.
The stock’s 50 day moving average is $5.57 and its 200 day moving average is $4.89. The firm has a market cap of $200.95 million and a P/E ratio of 10.87.
The firm also recently declared a quarterly dividend, which was paid on Friday, August 12th. Stockholders of record on Friday, July 29th were given a $0.04 dividend. The ex-dividend date was Wednesday, July 27th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.33%.
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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