A statement released earlier today by FBR & Co. about Hallador Energy (NASDAQ:HNRG) bumps the target price to $12.00
- Updated: November 26, 2016
Having a price of $8.87, Hallador Energy (NASDAQ:HNRG) traded -0.56% lower on the day. With the last close up 42.25% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. HNRG has recorded a 50-day average of $8.71 and a two hundred day average of $6.29. Trade Volume was down over the average, with 44,604 shares of HNRG changing hands under the typical 191,662
FBR & Co. bumped up the target of Hallador Energy (NASDAQ:HNRG) to $12.00 reporting a potential upside of 0.35%.
On 11/10/2015, FBR Capital released a statement on Hallador Energy (NASDAQ:HNRG) dropped the target price from $9.00 to $8.00 that suggested an upside of 0%.
Recent Performance Chart
Hallador Energy has PE ratio of 15.76 with a one year low of $3.95 and a one year high of $10.40 and has a market capitalization of $0.
General Company Details For Hallador Energy (NASDAQ:HNRG)
Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine. It develops over 10 million tons of coal annually and has customers in the mid-west and southeastern United States. It has over 40.6 million tons of the Indiana coal V seam. It also has over 69.3 million controlled tons in both Knox County, Indiana and Lawrence County, Illinois. Its Carlisle underground coal mine is located near the town of Carlisle, Indiana in Sullivan County. The Ace mine is located approximately 40 miles northeast of the Carlisle Mine. Its Bulldog Mine controls over 35.8 million tons of coal reserves.
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