Insider Buying: New Hope Co. Limited (ASX:NHC) Insider Purchases 100,000 Shares of Stock

New Hope Co. Limited (ASX:NHC) insider Thomas Millner bought 100,000 shares of the firm’s stock in a transaction on Friday, March 22nd. The shares were purchased at an average price of A$4.69 ($3.07) per share, for a total transaction of A$469,200.00 ($306,666.67).

New Hope Price Performance

The company has a quick ratio of 2.43, a current ratio of 2.90 and a debt-to-equity ratio of 3.37.

About New Hope

New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales.