New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report)’s share price dropped 3.2% during trading on Tuesday. The company traded as low as $3.89 and last traded at $3.99. Approximately 4,008 shares were traded during mid-day trading, a decline of 69% from the average session volume of 12,791 shares. The stock had previously closed at $4.12.
New Hope Price Performance
The company has a 50-day moving average price of $4.14 and a two-hundred day moving average price of $3.99.
About New Hope
New Hope Corporation Limited is an Australian mining and energy company focused primarily on the exploration, development, production and sale of coal. Its operations are centered on producing thermal coal for domestic and international customers, along with related resource development activities.
The company operates the New Acland coal mine in Queensland and holds an interest in the Bengalla Mine in New South Wales. New Hope also has interests in coal exploration, port and logistics infrastructure, and agricultural properties associated with its broader business activities.
New Hope supplies coal to customers in Australia and international markets, particularly across the Asia-Pacific region.
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