BUZZ-Australia's New Hope hits 5-month low on drop in coal sales

Reuters

02-17

BUZZ-Australia's New Hope hits 5-month low on drop in coal sales

** Shares of New Hope Corporation NHC.AX fall as much as 2% to A$4.330

** Shares hit their lowest since September 17, 2024

** The energy co has posted lower quarter-on-quarter coal sales of 2.6 million metric tons, compared to coal sales of 2.8 million tons in the previous quarter

** Stock fell 3.9% in 2024

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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