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New Hope Corporation Limited is currently in a long term uptrend where the price is trading 35.6% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.3.
New Hope Corporation Limited's total revenue sank by 34.4% to $406M since the same quarter in the previous year.
Its net income has dropped by 179.4% to $-55M since the same quarter in the previous year.
Finally, its free cash flow grew by 10.1% to $16M since the same quarter in the previous year.
Based on the above factors, New Hope Corporation Limited gets an overall score of 3/5.
ISIN | AU000000NHC7 |
---|---|
Exchange | AU |
CurrencyCode | AUD |
Sector | Energy |
Industry | Thermal Coal |
Market Cap | 4B |
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PE Ratio | 6.85 |
Target Price | 4.1423 |
Dividend Yield | 9.4% |
Beta | -0.03 |
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 the New Acland mine, an open-cut thermal coal mine located in north-west of Oakey, southeast Queensland; and Bengalla mine, an open-cut coal mine situated near Muswellbrook, New South Wales. It also operates and holds interests in exploration tenements and petroleum leases located in the Copper Basin, Queensland and South Australia; Surat Basin, Queensland; and Otway Basin, Victoria. In addition, the company holds interests in the Bengalla exploration license situated in New South Wales; West Muswellbrook assessment lease located to the west of Muswellbrook, New South Wales; Maxwell Mine situated on south of Muswellbrook, New South Wales; and various undeveloped coal assets, including the North Surat Coal project and Bee Creek tenement in Queensland. Further, it engages in farming, grazing, and land management activities; and operation of bulk handling facility comprising receiving, storage, and shipping of coal. Additionally, the company is involved in the port operation and handling; logistics; and marketing activities. It has operations in Australia, Japan, China, Taiwan, Chile, Korea, Vietnam, Indonesia, and internationally. The company was founded in 1952 and is headquartered in Brisbane, Australia.
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