Shares of SouthGobi Resources Ltd. (OTCMKTS:SGQRF - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.30 and traded as high as $0.33. SouthGobi Resources shares last traded at $0.33, with a volume of 4,750 shares traded.
SouthGobi Resources Stock Performance
The company has a market capitalization of $97.91 million, a PE ratio of 2.36 and a beta of 56.76. The business has a fifty day moving average of $0.30 and a 200 day moving average of $0.30.
SouthGobi Resources (OTCMKTS:SGQRF - Get Free Report) last issued its quarterly earnings results on Friday, March 28th. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $174.64 million during the quarter. SouthGobi Resources had a negative return on equity of 34.47% and a net margin of 10.94%.
About SouthGobi Resources
(
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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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