Contango (LON:CGO) Announces Earnings Results

Contango (LON:CGO) issued its quarterly earnings results on Thursday. The company reported GBX (0.14) ($0.00) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Contango Stock Performance

CGO opened at GBX 1.02 ($0.01) on Friday. Contango has a 12-month low of GBX 0.88 ($0.01) and a 12-month high of GBX 2.30 ($0.03). The firm has a market capitalization of £7.34 million and a P/E ratio of -101.50. The stock’s 50 day moving average price is GBX 1.33 and its two-hundred day moving average price is GBX 1.29. The company has a quick ratio of 3.71, a current ratio of 2.68 and a debt-to-equity ratio of 45.10.

About Contango

Contango Holdings PLC (LON: CGO) is a UK-based natural resource development company focused on the development of the +2 billion tonne Muchesu Coal Project in Zimbabwe, a producing coking coal mine and associated fully integrated coke production operation covering 19,236 hectares in the Hwange mining district in North-western Zimbabwe.