Hallador Energy (NASDAQ:HNRG) target price raised to $8.00, reported today by FBR & Co.
- Updated: October 12, 2016
Yesterday Hallador Energy (NASDAQ:HNRG) traded -5.73% lower at $7.24. The company’s 50-day moving average is $7.25 and its 200-day moving average is $5.37. The last stock close price is up 34.74% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 166,953 shares of the stock were exchanged, up from an average trading volume of 155,714
Hallador Energy (NASDAQ:HNRG) had its target bumped up to $8.00 by FBR & Co. in an issued report issued 10/13/2016. The upped price target suggests a possible upside of 0.10% based on the company's last stock close price.
Previously on Wednesday August 12, 2015, Cowen reported about Hallador Energy (NASDAQ:HNRG) lowered the target price from $14.00 to $10.00. At the time, this indicated a possible upside of 0%.
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Hallador Energy has a 52 week low of $3.95 and a 52 week high of $8.70 with a P/E ratio of 12.15 The company’s market cap is currently $0.
About 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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