New Hope Co. Limited (OTCMKTS:NHPEF – Get Free Report) shot up 1.5% during mid-day trading on Friday . The stock traded as high as $2.68 and last traded at $2.68. 350 shares changed hands during trading, a decline of 98% from the average session volume of 20,015 shares. The stock had previously closed at $2.64.
New Hope Price Performance
The company has a fifty day moving average price of $2.72 and a 200 day moving average price of $2.74.
About New Hope
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales.
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