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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 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 $1.7 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in New Hope Corporation

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. 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.
  4. 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  5. 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.
  6. Check on your investment. Congratulations, you own a part of New Hope Corporation. Optimise your portfolio by tracking how your stock and 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 affect your stock.

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

Information last updated 2022-06-07.
52-week range$1.5638 - $4.105
50-day moving average $3.637
200-day moving average $2.6776
Target price$3.64
PE ratio 7.5712
Dividend yield $0.24 (8.72%)
Earnings per share (TTM) $0.527

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
1 - 10 of 10
Name Product Standard brokerage fee Inactivity fee Markets
ThinkMarkets Share Trading
ASX shares
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IG Share Trading
$5 – 8
$0 if you make three trades or more in the previous quarter. Otherwise $50
ASX shares, US shares, UK shares, ETFs, and more
Exclusive: Finder customers who apply for a share trading account in June will be able to trade Aussie shares from $2.50 commission until the end of August. T&Cs apply.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Tiger Brokers
Tiger Brokers
ASX shares, Global shares, Options trading, US shares, ETFs
Exclusive to Finder: Sign up to Tiger through Finder and on completion of your first deposit of any amount or transfer of shares receive 4 extra free grab shares. T&Cs apply.
Get started with $0 brokerage on ASX and US stocks for the first 3 months upon completion of your first qualifying deposit. Also receive a free Apple share if you deposit $3,000 or more.
SelfWealth (Basic account)
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
CMC Markets Invest
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$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges. Plus, buy Aussie shares for $0 brokerage up to $1,000. (Limited to one buy order per stock per trading day).
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ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Gain access to 12 markets from one account with Bendigo.
Invest in Australian shares and access major international markets through a trusted local brand. Plus, fine tune your investment knowledge with Bendigo’s advanced research and analysis tools.
GO Markets Share Trading
ASX shares, Forex, CFDs, ETFs
Zero Brokerage on your next 50 trades!
Simply transfer an existing HIN before 30 June and pay no fees on your next 50 transactions. Alternatively, transfer your existing shares and receive 5 transactions at zero cost for each shareholding transferred, once again up to 50 free trades. T & Cs apply
Saxo Capital Markets (Classic account)
ASX shares, Global shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
Bell Direct Share Trading
ASX shares, mFunds, ETFs
Get $300 free brokerage until 30 June when you move to Bell Direct. T&Cs apply.
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Enjoy $0 brokerage on US stocks and buying ETFs as well as a flat $5 fee to trade Australian shares.

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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. However, this is not a recommendation. 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

Historical closes compared with the last close of A$3.84

1 week (2022-06-03) -1.54%
1 month (2022-05-11) 5.79%
3 months (2022-03-11) 34.27%
6 months (2021-12-10) 83.73%
1 year (2021-06-11) 106.45%
2 years (2020-06-11) 177.26%
3 years (2019-06-11) 50.00%
5 years (2017-06-09) 152.63%

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 8x. In other words, New Hope Corporation shares trade at around 8x 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 $855.6 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 $1.7 billion
Operating margin TTM 43.19%
Gross profit TTM $390.1 million
Return on assets TTM 16.69%
Return on equity TTM 25.31%
Profit margin 27.88%
Book value 2.416
Market capitalisation $3.3 billion

TTM: trailing 12 months

New Hope Corporation share dividends


Dividend payout ratio: 38.46% of net profits

Recently New Hope Corporation has paid out, on average, around 38.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 8.72% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), New Hope Corporation shareholders could enjoy a 8.72% return on their shares, in the form of dividend payments. In New Hope Corporation's case, that would currently equate to about A$0.24 per share.

While New Hope Corporation's payout ratio might seem fairly standard, it's worth remembering that New Hope Corporation may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 13 April 2022 (the "ex-dividend date").

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 $1.5638 up to $4.105. A popular way to gauge a stock's volatility is its "beta".

NHC.AU volatility(beta: 0.77)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while New Hope Corporation's is 0.7735. 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.

New Hope Corporation in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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