Contango (LON:CGO) Posts Earnings Results

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

Contango Stock Up 1.5 %

Shares of CGO opened at GBX 1.02 ($0.01) on Friday. Contango has a fifty-two week low of GBX 0.88 ($0.01) and a fifty-two week high of GBX 2.30 ($0.03). The company has a quick ratio of 3.71, a current ratio of 2.68 and a debt-to-equity ratio of 45.10. The firm has a market cap of £7.34 million and a PE ratio of -101.50. The company’s fifty day moving average is GBX 1.33 and its two-hundred day moving average is GBX 1.29.

Contango Company Profile

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.