New Hope Corporation Ltd traded at 5.55 this Wednesday March 25th, decreasing 0.29 or 4.97 percent since the previous trading session. Looking back, over the last four weeks, New Hope Corporation lost 18.09 percent. Over the last 12 months, its price rose by 44.91 percent. Looking ahead, we forecast New Hope Corporation Ltd to be priced at 5.59 by the end of this quarter and at 5.23 in one year, according to Trading Economics global macro models projections and analysts expectations.
New Hope Corporation Limited is an Australia-based diversified energy company. The Company's principal activities include coal exploration and project development, coal extraction, processing, marketing and logistics, agriculture and oil and gas exploration, development, production and processing. The Company operates through three segments: Coal mining in Queensland, including mining related production, processing, transportation, port operations and marketing; Coal mining in New South Wales, including mining related production, processing, transportation and marketing, and Other, including coal exploration, oil and gas related exploration, development, production and processing, pastoral operations and administration. It has two open cut coal mines, one in the Darling Downs and one in the Hunter Valley. The Company conducts its various operations through its subsidiaries.