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NEW YORK ( TheStreet) -- Natural Resources Partners L.P (NYSE: NRP) hit a new 52-week low Thursday as it is currently trading at $22.67, below its previous 52-week low of $22.68 with 24,473 shares traded as of 10:25 a.m. ET. Average volume has been 261,600 shares over the past 30 days. Natural Resources Partners L.P has a market cap of $2.51 billion and is part of the basic materials sector and metals & mining industry. Shares are down 12.8% year to date as of the close of trading on Wednesday. Natural Resource Partners L.P., through its subsidiaries, engages in the ownership and management of coal properties in Appalachia, the Illinois Basin, and the western United States, as well as lignite reserves in the Gulf Coast region. The company has a P/E ratio of 47.3, above the average metals & mining industry P/E ratio of 43 and above the S&P 500 P/E ratio of 17.7.