SouthGobi Resources (OTCMKTS:SGQRF – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $238.20 million for the quarter.
SouthGobi Resources Stock Performance
Shares of OTCMKTS:SGQRF remained flat at $0.28 during midday trading on Friday. SouthGobi Resources has a 1-year low of $0.28 and a 1-year high of $0.41. The stock’s 50-day moving average price is $0.28 and its 200 day moving average price is $0.28. The firm has a market capitalization of $103.63 million, a price-to-earnings ratio of -0.62 and a beta of 1.47.
SouthGobi Resources Company Profile
SouthGobi Resources Ltd. is a coal mining company focused on developing and operating coal assets in Mongolia. Its principal operating asset is the Ovoot Tolgoi mine in the South Gobi region, where the company produces coal for sale to customers in nearby markets. The company’s coal products include metallurgical coal used in steelmaking and thermal coal used for energy production. Its operations and sales are centered on Mongolia and China, with Ovoot Tolgoi located near the Mongolian-Chinese border.
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