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New Hope Corporation Limited Reports Cessation of Securities

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New Hope Corporation Limited Reports Cessation of Securities

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New Hope Corporation Limited ( (AU:NHC) ) just unveiled an update.

New Hope Corporation Limited announced the cessation of 88,705 performance rights due to unmet conditions, impacting its issued capital. This development may influence the company’s financial structuring and stakeholder confidence, as it reflects on the company’s ability to meet certain performance benchmarks.

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 mining industry, focusing primarily on coal production and exploration. It is a significant player in the Australian market, providing energy resources and contributing to the country’s energy sector.

Average Trading Volume: 2,748,235

Technical Sentiment Signal: Buy

Current Market Cap: A$3.53B

Find detailed analytics on NHC stock on TipRanks’ Stock Analysis page.

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