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New Hope Corporation Limited ( (AU:NHC) ) has issued an announcement.
New Hope Corporation Limited announced the issuance and conversion of 130,811 unquoted equity securities, specifically ordinary fully paid shares. This move reflects the company’s ongoing financial activities and may influence its market position by potentially increasing liquidity and shareholder value.
The most recent analyst rating on (AU:NHC) stock is a Buy with a A$4.50 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 operates in the energy sector, primarily focusing on coal mining and production. The company is listed on the Australian Securities Exchange under the code NHC and is known for its involvement in the extraction and sale of coal, catering to both domestic and international markets.
Average Trading Volume: 2,748,235
Technical Sentiment Signal: Buy
Current Market Cap: A$3.53B
For a thorough assessment of NHC stock, go to TipRanks’ Stock Analysis page.