Contango (LON:CGO) Posts Quarterly Earnings Results

Contango (LON:CGO) released its earnings results on Thursday. The company reported GBX (0.14) ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Contango Stock Performance

Shares of LON CGO opened at GBX 1.02 ($0.01) on Friday. The firm has a market capitalization of £7.34 million and a price-to-earnings ratio of -101.50. The company has a current ratio of 2.68, a quick ratio of 3.71 and a debt-to-equity ratio of 45.10. The business has a fifty day simple moving average of GBX 1.33 and a 200 day simple moving average of GBX 1.29. Contango has a one year low of GBX 0.88 ($0.01) and a one year high of GBX 2.30 ($0.03).

About Contango

Contango Holdings PLC (LON: CGO) is a UK-based natural resource development company focused on the development of the +2 billion tonne Muchesu Coal Project in Zimbabwe, a producing coking coal mine and associated fully integrated coke production operation covering 19,236 hectares in the Hwange mining district in North-western Zimbabwe.