Hallador Energy (NASDAQ:HNRG) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Hallador Energy (NASDAQ:HNRG) issued its earnings results on Monday. The energy company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01, Zacks reports. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%.

Hallador Energy Price Performance

Hallador Energy stock opened at $11.48 on Tuesday. Hallador Energy has a 52 week low of $4.33 and a 52 week high of $14.00. The company’s 50 day moving average price is $10.98 and its two-hundred day moving average price is $10.47. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. The stock has a market cap of $489.24 million, a P/E ratio of -20.87 and a beta of 0.55.

Analyst Upgrades and Downgrades

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

Hallador Energy Company Profile

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.