New Hope (OTCMKTS:NHPEF) Shares Down 3.2% – Here’s What Happened

Shares of New Hope Co. Limited (OTCMKTS:NHPEFGet Free Report) traded down 3.2% during trading on Friday . The stock traded as low as $3.00 and last traded at $3.00. 300 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,940 shares. The stock had previously closed at $3.10.

New Hope Trading Down 3.2 %

The business’s 50-day simple moving average is $3.11 and its two-hundred day simple moving average is $3.20.

New Hope Company Profile

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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.

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