New Hope (OTCMKTS:NHPEF) Shares Down 2.9% – Here’s What Happened

New Hope Co. Limited (OTCMKTS:NHPEFGet Free Report) traded down 2.9% on Wednesday . The company traded as low as $3.25 and last traded at $3.25. 100 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,386 shares. The stock had previously closed at $3.35.

New Hope Stock Performance

The firm has a 50-day moving average of $3.24 and a 200-day moving average of $3.21.

About New Hope

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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.

Further Reading

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