SouthGobi Resources (OTCMKTS:SGQRF) Posts Quarterly Earnings Results

SouthGobi Resources (OTCMKTS:SGQRF) issued its quarterly earnings data on Friday. The company reported $0.10 earnings per share 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 Price Performance

Shares of SGQRF opened at $0.30 on Friday. The stock has a market capitalization of $88.88 million, a price-to-earnings ratio of 2.14 and a beta of 57.63. SouthGobi Resources has a 1 year low of $0.00 and a 1 year high of $0.48. The business’s 50 day simple moving average is $0.30 and its 200-day simple moving average is $0.30.

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.