New Hope Corporation Limited (ASX: NHC)

Australia flag Australia · Delayed Price · Currency is AUD
4.935
+0.025 (0.51%)
Jan 21, 2025, 2:39 PM AEST
-7.24%
Market Cap 4.15B
Revenue (ttm) 1.80B
Net Income (ttm) 475.86M
Shares Out 844.80M
EPS (ttm) 0.56
PE Ratio 8.75
Forward PE 7.19
Dividend 0.39 (7.91%)
Ex-Dividend Date Oct 3, 2024
Volume 1,368,832
Average Volume 2,050,509
Open 4.910
Previous Close 4.910
Day's Range 4.880 - 5.010
52-Week Range 4.080 - 5.450
Beta 0.25
RSI 46.89
Earnings Date Mar 19, 2025

About New Hope Corporation

New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in ... [Read more]

Industry Thermal Coal
Sector Energy
Founded 1952
Employees 1,084
Stock Exchange Australian Securities Exchange
Ticker Symbol NHC
Full Company Profile

Financial Performance

In 2024, New Hope Corporation's revenue was 1.80 billion, a decrease of -34.57% compared to the previous year's 2.75 billion. Earnings were 475.86 million, a decrease of -56.24%.

Financial Statements

News

Queensland coal mine to boost output after legal hurdle overcome

New Hope will ramp up its New Acland mine after striking a legal deal around water use, ending more than a decade of litigation on the long-stalled project.

6 days ago - The Australian Financial Review

‘Down but not out’: Queensland farmers end 11-year legal fight against New Acland coalmine expansion

Oakey Coal Action Alliance says it will still oppose ‘inappropriate’ mining after abandoning court appeal to stop New Hope Group’s project Follow our Australia news live blog for latest updates Get ou...

6 days ago - The Guardian

ASX 200 LIVE: Australian shares open higher. Macau businessman buys more Star Entertainment shares. City Chic shares leap on holiday sales. New Hope settles appeal. Bitcoin retakes $US94,000.

Australian shares open higher and hedge funds are betting against the Aussie. Macau investor buys further $3m in Star shares. City Chic jumps 20pc.

7 days ago - The Australian Financial Review

New Hope Keeps Door Open for Acquisitions as Coal Deals Run Hot

Australian miner New Hope’s interest in dealmaking reflects its confidence that coal will remain in demand for years.

4 months ago - The Wall Street Journal

Global beef players line up for Australian Meat Group

Street Talk understands Brazilian giants Minerva Foods and Marfrig, and China linked Silver Fern Farms and New Hope are getting their ducks in a row.

6 months ago - The Australian Financial Review

Telix upsizes convertibles deal to $650m; delta block clears at $18.70

The pharmaceuticals company joins Xero and New Hope, which raised $1.27 billion and $300 million respectively in June via convertibles.

6 months ago - The Australian Financial Review

New Hope has bigger ambitions at $1.1b Malabar Resources

After the company raised $300 million in July, there is logic behind it making a play for all of NSW coal miner Malabar Resources.

6 months ago - The Australian Financial Review

Trump querying Rudd’s intellect is a bit rich

Readers’ letters on Donald Trump’s threat to boot Kevin Rudd; New Hope’s coal ploy; and Chanticleer’s solution for the RBA.

10 months ago - The Australian Financial Review

New Hope asks NSW for coal extension, backs nuclear

New Hope chief Rob Bishop reckons the world will want coal for a long time to come, and nuclear is the only hope of net zero emissions.

10 months ago - The Australian Financial Review

Coal miner New Hope reports quarterly EBITDA of A$245M, notes steady demand from China

(Kitco News) - Australian coal miner New Hope (ASX: NHC) announced Tuesday that the company produced 2Mt of saleable coal for the quarter ended 31 October 2023, up 1% from the prior quarter and on tra...

1 year ago - KITCO

Coal miner New Hope reports 'exceptional' performance in FY23 with net profit exceeding A$1 billion

(Kitco News) - Australian coal miner New Hope yesterday announced exceptional performance across its business for the year ended 31 July 2023 (FY23), underpinned by strong demand and global supply con...

1 year ago - KITCO

Cashed-up New Hope says IR reforms drive ‘wrong outcomes’

New Hope has made more profit in the past two years than the previous 16 years combined, but the miner is not impressed by the federal government’s workplace reforms.

1 year ago - The Australian Financial Review