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An update from New Hope Corporation Limited ( (AU:NHC) ) is now available.
New Hope Corporation Limited announced the issuance of 1,271,129 performance rights as part of an employee incentive scheme. These unquoted securities are not intended for public trading on the ASX, reflecting the company’s strategy to motivate and retain key personnel, potentially impacting its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:NHC) stock is a Hold with a A$4.00 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, focusing on coal mining and exploration. The company is known for its production and development of coal resources, catering to both domestic and international markets.
YTD Price Performance: -8.67%
Average Trading Volume: 2,231,642
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.64B
For an in-depth examination of NHC stock, go to TipRanks’ Overview page.