SouthGobi Resources (OTCMKTS:SGQRF) Releases Earnings Results

SouthGobi Resources (OTCMKTS:SGQRF) issued its quarterly earnings results on Friday. The company reported $0.10 earnings per share (EPS) for the quarter, Zacks reports. SouthGobi Resources had a negative return on equity of 34.47% and a net margin of 10.94%.

SouthGobi Resources Stock Performance

Shares of SouthGobi Resources stock remained flat at $0.30 on Friday. SouthGobi Resources has a fifty-two week low of $0.00 and a fifty-two week high of $0.48. The company’s 50-day moving average price is $0.30 and its 200 day moving average price is $0.30. The company has a market cap of $88.88 million, a price-to-earnings ratio of 2.14 and a beta of 57.63.

SouthGobi Resources Company Profile

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.