Australia's New Hope Corp extends gains on upbeat results

New Hope

19/05/2026 01:37

** Shares of New Hope Corp NHC.AX rise 3.4% to A$5.5, their highest level since May 6

** Stock extends gains from the previous session

** On Monday, the coal miner posted a 5% q/q rise in group ROM coal production, coal sales rose 10% q/q

** Stock among top gainers on benchmark .AXJO, which is up 1.1%

** Stock up 35.2%, YTD, including current moves

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))