SouthGobi Resources (OTCMKTS:SGQRF) Posts Quarterly Earnings Results

Key Points

• SouthGobi Resources reported a quarterly EPS of ($0.08), with a net margin of 10.12% and a negative return on equity of 15.18%.
• The company's stock price remained flat at $0.41, with a market capitalization of $120.34 million and a price-to-earnings ratio of 2.54.
• SouthGobi operates as an integrated coal mining company, focusing on coking and thermal coal, with its flagship project being the Ovoot Tolgoi open pit coal mine in Mongolia.

SouthGobi Resources (OTCMKTS:SGQRF - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.08) EPS for the quarter, Zacks reports. SouthGobi Resources had a net margin of 10.12% and a negative return on equity of 15.18%.

SouthGobi Resources Stock Performance

Shares of SouthGobi Resources stock remained flat at $0.41 on Thursday. The stock's 50-day moving average is $0.41 and its 200 day moving average is $0.36. The stock has a market capitalization of $120.34 million, a price-to-earnings ratio of 2.54 and a beta of 74.07. SouthGobi Resources has a 12 month low of $0.33 and a 12 month high of $0.41.

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.

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