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OTCMKTS:NHPEF

New Hope (NHPEF) Stock Price, News & Analysis

New Hope logo
$3.22 +0.08 (+2.55%)
(As of 11/20/2024 ET)

About New Hope Stock (OTCMKTS:NHPEF)

Key Stats

Today's Range
$3.22
$3.22
50-Day Range
$2.82
$3.65
52-Week Range
$2.73
$3.68
Volume
315 shs
Average Volume
2,354 shs
Market Capitalization
N/A
P/E Ratio
45.93
Dividend Yield
3.42%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; and operation of bulk handling facility comprising receiving, storage, and shipping of coal, construction sand and aggregates, chips and pellets, and mineral sands, as well as raw and processed minerals, such as bauxite, manganese, diatomite, etc. Further, it is involved in port operation and handling; logistics; and marketing activities. The company has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was founded in 1952 and is headquartered in Brisbane, Australia.

New Hope Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
10th Percentile Overall Score

NHPEF MarketRank™: 

New Hope scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for New Hope.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of New Hope is 45.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of New Hope is 45.93, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 109.55.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    New Hope has a short interest ratio ("days to cover") of 4564.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in New Hope has recently decreased by 1.30%, indicating that investor sentiment is improving.
  • Dividend Yield

    New Hope pays a meaningful dividend of 1.87%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    New Hope does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of New Hope is 157.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about New Hope's dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    New Hope has a short interest ratio ("days to cover") of 4564.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in New Hope has recently decreased by 1.30%, indicating that investor sentiment is improving.
  • News Sentiment

    New Hope has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for New Hope this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, New Hope insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    Only 3.00% of the stock of New Hope is held by institutions.

  • Read more about New Hope's insider trading history.
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NHPEF Stock News Headlines

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NHPEF Stock Analysis - Frequently Asked Questions

New Hope's stock was trading at $3.45 at the beginning of 2024. Since then, NHPEF stock has decreased by 6.8% and is now trading at $3.2150.
View the best growth stocks for 2024 here
.

Shares of NHPEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

Sector
Energy
Industry
Thermal Coal
Sub-Industry
N/A
Current Symbol
OTCMKTS:NHPEF
CIK
N/A
Fax
N/A
Employees
1,024
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:NHPEF) was last updated on 11/21/2024 by MarketBeat.com Staff
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