Shares of SouthGobi Resources Ltd. (OTCMKTS:SGQRF - Get Free Report) were up 22.9% during trading on Thursday . The company traded as high as $0.41 and last traded at $0.41. Approximately 250 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 475 shares. The stock had previously closed at $0.33.
SouthGobi Resources Stock Performance
The company has a market cap of $120.34 million, a P/E ratio of 2.90 and a beta of 74.07. The business's 50-day moving average price is $0.32 and its 200 day moving average price is $0.31.
SouthGobi Resources (OTCMKTS:SGQRF - Get Free Report) last posted its quarterly earnings results on Friday, March 28th. The company reported $0.10 EPS for the quarter. The business 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%.
SouthGobi Resources Company Profile
(
Get Free Report)
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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