Summary FYI
Coal miner New Hope's (NHC.AU) FY16 result was weaker
than Macquarie expected, but the broker thinks it's in a decent position to take
advantage of buoyant market for thermal coal. "At spot prices, New Hope could
generate A$300 million of free cash flow in FY17," Macquarie says. "Even on our
own price deck, it should generate A$240 million, even excluding further
cost-cutting." Still, it lowers its earnings per share in the fiscal 2016-20 period
by between 1 cent/share and 4 cents/share. Macquarie keeps an outperform call on New
Hope, but trims its price target by 5.6% to A$1.70/share. NHC last traded at A$1.57.
Summary FYI Coal miner New Hope's (NHC.AU) FY16 result was...
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 (20min delay)
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Last
$4.29 |
Change
0.130(3.13%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $4.16 | $4.30 | $4.11 | $12.24M | 2.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $4.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.30 | 15140 | 3 |
View Market Depth
| Last trade - 16.21pm 22/07/2025 (20 minute delay) ? |
| NHC (ASX) Chart |