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

Hallador Energy (NASDAQ:HNRG) released 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 return on equity of 6.71% and a negative net margin of 4.85%.

Hallador Energy Price Performance

Shares of HNRG traded up $0.37 during midday trading on Monday, reaching $11.48. The stock had a trading volume of 839,938 shares, compared to its average volume of 507,644. The company’s 50-day moving average is $10.98 and its 200 day moving average is $10.44. Hallador Energy has a 12-month low of $4.33 and a 12-month high of $14.00. The company has a current ratio of 0.58, a quick ratio of 0.17 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $489.24 million, a price-to-earnings ratio of -20.87 and a beta of 0.55.

Wall Street Analyst Weigh In

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

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.