SouthGobi Resources (OTCMKTS:SGQRF – Get Free Report) issued its earnings results on Friday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $211.67 million for the quarter.
SouthGobi Resources Stock Performance
Shares of SGQRF opened at $0.28 on Friday. The stock has a 50-day moving average of $0.28 and a two-hundred day moving average of $0.28. SouthGobi Resources has a one year low of $0.28 and a one year high of $0.41. The stock has a market cap of $103.64 million, a P/E ratio of -0.55 and a beta of -0.01.
SouthGobi Resources Company Profile
SouthGobi Resources Ltd. is a Vancouver-based exploration and development company focused on coal assets in the South Gobi region of Mongolia. The company’s operations center on the Ovoot Tolgoi deposit, where it holds a majority interest and employs open-pit mining methods to extract semi-soft coking coal and thermal coal. Situated near critical rail and port infrastructure, SouthGobi serves steelmakers and power generators in nearby Asian markets.
SouthGobi’s principal products include high-quality coking coal, which is used in steel production, as well as thermal coal for power generation and industrial applications.
See Also
- Five stocks we like better than SouthGobi Resources
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
- AirJoule Technologies: Short Squeeze Setup Amid Rising Risks
- MarketBeat Week in Review – 08/10 – 08/14
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
Receive News & Ratings for SouthGobi Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SouthGobi Resources and related companies with MarketBeat.com's FREE daily email newsletter.
