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The latest update is out from New Hope Corporation Limited ( (AU:NHC) ).
New Hope Corporation Limited reported a decrease in its underlying EBITDA by 27% due to lower realized pricing, despite maintaining stable coal production levels. The company also noted improvements in safety metrics, with a reduction in both the Total Recordable Injury Frequency Rate and the All-Injury Frequency Rate, reflecting enhanced safety performance.
The most recent analyst rating on (AU:NHC) stock is a Sell with a A$4.10 price target. To see the full list of analyst forecasts on New Hope Corporation Limited stock, see the AU:NHC Stock Forecast page.
More about New Hope Corporation Limited
New Hope Corporation Limited is a company operating in the mining industry, primarily focused on coal production and sales. The company is involved in the extraction and sale of coal, with significant operations at the Bengalla Mine and New Acland Mine.
YTD Price Performance: -16.91%
Average Trading Volume: 4,720,141
Technical Sentiment Signal: Sell
Current Market Cap: A$3.32B
For detailed information about NHC stock, go to TipRanks’ Stock Analysis page.