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New Hope Corporation Limited Issues Performance Rights

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New Hope Corporation Limited Issues Performance Rights

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The latest announcement is out from New Hope Corporation Limited ( (AU:NHC) ).

New Hope Corporation Limited has announced the issuance of 9,056 performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until the restrictions are lifted, reflecting the company’s ongoing efforts to incentivize and retain key personnel.

The most recent analyst rating on (AU:NHC) stock is a Hold with a A$4.20 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 energy production. The company is known for its involvement in the extraction and sale of coal, primarily serving markets in Australia and Asia.

YTD Price Performance: -11.63%

Average Trading Volume: 2,236,593

Technical Sentiment Signal: Buy

Current Market Cap: A$3.52B

See more insights into NHC stock on TipRanks’ Stock Analysis page.

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