SouthGobi Resources (OTCMKTS:SGQRF – Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports. The company had revenue of $211.67 million for the quarter.
SouthGobi Resources Price Performance
SouthGobi Resources stock opened at $0.28 on Friday. The firm has a market capitalization of $103.64 million, a P/E ratio of -0.62 and a beta of -0.01. SouthGobi Resources has a one year low of $0.28 and a one year high of $0.41. The business has a fifty day moving average price of $0.28 and a 200-day moving average price of $0.28.
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.
Featured Stories
- Five stocks we like better than SouthGobi Resources
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
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.
