An Insider at Hallador Energy Company (NASDAQ: HNRG) is Buying Shares

By George MacDonald

Today, an Insider at Hallador Energy Company (NASDAQ: HNRG), Lawrence Martin, bought shares of HNRG for $20.01k.

Lawrence Martin increased his holding by 4.15% to a total of $1.73. In addition to Lawrence Martin, 4 other HNRG executives reported Buy trades in the last month.

The company has a one year high of $11.94 and a one year low of $3.92. HNRG’s market cap is $131.9M and the company has a P/E ratio of 6.70%. Currently, Hallador Energy Company has an average volume of 84.07k.

Starting in October 2012, HNRG received 9 Buy ratings in a row.

Looking at blogger coverage of HNRG, there is a 100% Bullish tendency on the stock, in relation to a 69% average bullish tendency within the Materials sector.

Over the last 3 months, the insider sentiment on Hallador Energy Company has been positive based on 29 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

Hallador Energy Co. through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Carlisle underground coal mine located near the town of Carlisle, Indiana; the Ace in the Hole mine located near Clay City, Indiana; the Oaktown 1 underground mine located in Knox County, Indiana; the Oaktown 2 mine/War Eagle reserve located in Knox County, Indiana and Lawrence County, Illinois; and the Bulldog underground mine located in Vermillion County, Illinois. It is also involved in oil and gas exploration activities in Michigan and Indiana. The company was founded in 1951 and is headquartered in Denver, CO.