How to buy New Hope Corporation (NHC) shares
Learn how to easily invest in New Hope Corporation shares.
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New Hope Corporation Limited is a thermal coal business based in Australia. New Hope Corporation shares (NHC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. New Hope Corporation has a trailing 12-month revenue of around $1.1 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in New Hope Corporation
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for New Hope Corporation. Find the share by name or ticker symbol: NHC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until New Hope Corporation reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of New Hope Corporation. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- New Hope Corporation key stats
- Compare share trading platforms
- Is New Hope Corporation stock a buy or sell?
- New Hope Corporation performance over time
- Are New Hope Corporation shares over-valued?
- New Hope Corporation's financials
- How volatile are New Hope Corporation shares?
- Does New Hope Corporation pay a dividend?
- Have New Hope Corporation shares ever split?
- Other common questions
New Hope Corporation stock price (ASX:NHC)Use our graph to track the performance of NHC stocks over time.
New Hope Corporation shares at a glance
|52-week range||$1.0196 - $2.43|
|50-day moving average||$2.1277|
|200-day moving average||$1.6851|
|Dividend yield||$0.04 (1.7%)|
|Earnings per share (TTM)||$0.095|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy New Hope Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
New Hope Corporation price performance over time
|1 week (2021-09-17)||10.19%|
|1 month (2021-08-25)||20.20%|
|3 months (2021-06-25)||40.00%|
|6 months (2021-03-25)||72.46%|
|1 year (2020-09-25)||85.21%|
|2 years (2019-09-25)||5.78%|
|3 years (2018-09-25)||-37.37%|
|5 years (2016-09-23)||50.63%|
Is New Hope Corporation under- or over-valued?
Valuing New Hope Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Hope Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
New Hope Corporation's P/E ratio
New Hope Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, New Hope Corporation shares trade at around 25x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
New Hope Corporation's EBITDA
New Hope Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $331.4 million (£0.0 million).
The EBITDA is a measure of a New Hope Corporation's overall financial performance and is widely used to measure a its profitability.
New Hope Corporation financials
|Revenue TTM||$1.1 billion|
|Operating margin TTM||17.28%|
|Gross profit TTM||$395.3 million|
|Return on assets TTM||4.28%|
|Return on equity TTM||4.57%|
|Market capitalisation||$2 billion|
TTM: trailing 12 months
New Hope Corporation share dividends
We're not expecting New Hope Corporation to pay a dividend over the next 12 months.
Have New Hope Corporation's shares ever split?
New Hope Corporation's shares were split on 20 October 2008.
New Hope Corporation share price volatility
Over the last 12 months, New Hope Corporation's shares have ranged in value from as little as $1.0196 up to $2.43. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while New Hope Corporation's is 0.959. This would suggest that New Hope Corporation's shares are less volatile than average (for this exchange).
New Hope Corporation overview
New Hope Corporation Limited explores, 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 produce thermal coal, which include the New Acland project located in north 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 the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; operation of bulk handling facility; port operation; and logistics and marketing business. It has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. The company was incorporated in 1986 and is headquartered in Brisbane, Australia.
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