SouthGobi Resources (OTCMKTS:SGQRF – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.06 EPS for the quarter, Zacks reports.
SouthGobi Resources Price Performance
SGQRF remained flat at $0.28 during mid-day trading on Friday. The firm has a fifty day moving average price of $0.28 and a 200-day moving average price of $0.28. The firm has a market capitalization of $103.63 million, a P/E ratio of -0.62 and a beta of 1.47. SouthGobi Resources has a twelve month low of $0.28 and a twelve month high of $0.41.
About SouthGobi Resources
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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