SouthGobi Resources (OTCMKTS:SGQRF) Posts Earnings Results
SouthGobi Resources (OTCMKTS:SGQRF) reported its quarterly earnings with a loss of $0.02 per share. The company had a negative return on equity of 15.18% and a net margin of 5.59%. The stock remained flat at $0.28 with a market cap of $82.99 million. SouthGobi Resources operates coal mining projects in Mongolia and Hong Kong.
SouthGobi Resources (OTCMKTS:SGQRF - Get Free Report) posted its earnings results on Friday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. SouthGobi Resources had a negative return on equity of 15.18% and a net margin of 5.59%.
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SouthGobi Resources Price Performance
Shares of OTCMKTS:SGQRF remained flat at $0.28 during trading on Friday. The stock has a market cap of $82.99 million, a PE ratio of 3.11 and a beta of 69.23. SouthGobi Resources has a 52 week low of $0.28 and a 52 week high of $0.41. The company has a 50-day simple moving average of $0.35 and a 200-day simple moving average of $0.38.
About SouthGobi Resources
(Get Free Report)SouthGobi Resources Ltd., together with its subsidiaries, operates as an integrated coal mining, development, and exploration company in Mongolia and Hong Kong. The company primarily explores for coking and thermal coal. Its flagship project is the Ovoot Tolgoi open pit coal mine located in the Umnugobi Aimag of Mongolia.
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