Hallador Energy (NASDAQ:HNRG) Announces Earnings Results, Beats Estimates By $0.01 EPS

Hallador Energy (NASDAQ:HNRG) released its quarterly earnings data on Monday. The energy company reported ($0.02) earnings per share 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 Stock Up 3.3 %

Hallador Energy stock opened at $11.48 on Tuesday. The firm has a 50 day simple moving average of $10.98 and a 200 day simple moving average of $10.47. The firm 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 current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. Hallador Energy has a 1-year low of $4.33 and a 1-year high of $14.00.

Analyst Ratings Changes

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