SouthGobi Resources (OTCMKTS:SGQRF) Issues Quarterly Earnings Results

SouthGobi Resources (OTCMKTS:SGQRF) announced its earnings results on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports. The business had revenue of $148.80 million for the quarter. SouthGobi Resources had a net margin of 5.59% and a negative return on equity of 15.18%.

SouthGobi Resources Stock Performance

OTCMKTS:SGQRF remained flat at $0.28 during mid-day trading on Friday. SouthGobi Resources has a 12-month low of $0.28 and a 12-month high of $0.41. The firm has a 50 day moving average of $0.35 and a two-hundred day moving average of $0.38. The company has a market capitalization of $82.99 million, a PE ratio of 3.11 and a beta of 69.23.

About SouthGobi Resources

SouthGobi Resources Ltd., together with its subsidiaries, operates as an integrated coal mining, development, and exploration company in Mongolia and Hong Kong. The company primarily explores for coking and thermal coal. Its flagship project is the Ovoot Tolgoi open pit coal mine located in the Umnugobi Aimag of Mongolia.