Rhino Resource Partners (OTCMKTS:RHNO) posted its quarterly earnings results on Friday. The basic materials company reported ($0.53) earnings per share (EPS) for the quarter, MarketWatch Earnings reports. Rhino Resource Partners had a negative net margin of 6.82% and a negative return on equity of 13.02%. The business had revenue of $58.74 million for the quarter.
OTCMKTS RHNO traded down $0.09 during trading on Friday, hitting $0.90. 350 shares of the company’s stock traded hands, compared to its average volume of 1,738. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.88 and a current ratio of 1.10. Rhino Resource Partners has a 12-month low of $0.80 and a 12-month high of $2.30.
Separately, ValuEngine upgraded shares of Rhino Resource Partners from a “strong sell” rating to a “sell” rating in a research report on Wednesday.
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About Rhino Resource Partners
Rhino Resource Partners LP, together with its subsidiaries, produces, processes, and sells various grades of steam and metallurgical coal from surface and underground mines in the United States. It operates mines in Kentucky, Ohio, West Virginia, and Utah. The company markets its steam coal primarily to electric utility companies as fuel for their steam powered generators; and metallurgical coal primarily to steel and coke producers.
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