Hallador Energy (NASDAQ:HNRG) Announces Earnings Results

Hallador Energy (NASDAQ:HNRG) announced its quarterly earnings data on Monday. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01, Zacks reports. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%.

Hallador Energy Price Performance

Shares of NASDAQ:HNRG traded up $0.37 on Monday, hitting $11.48. The stock had a trading volume of 840,256 shares, compared to its average volume of 507,645. The company has a market capitalization of $489.24 million, a price-to-earnings ratio of -20.87 and a beta of 0.55. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.17 and a current ratio of 0.58. The firm’s 50 day moving average price is $10.98 and its 200-day moving average price is $10.44. Hallador Energy has a twelve month low of $4.33 and a twelve month high of $14.00.

Analyst Ratings Changes

Separately, Alliance Global Partners started coverage on shares of Hallador Energy in a research report on Monday, December 9th. They issued a “buy” rating and a $17.00 price target for the company.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.