SouthGobi Resources Ltd. (OTCMKTS:SGQRF – Get Free Report) was up 6% during mid-day trading on Monday . The company traded as high as $0.30 and last traded at $0.30. Approximately 300 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 3,460 shares. The stock had previously closed at $0.28.
SouthGobi Resources Trading Up 6.0 %
The firm’s 50-day simple moving average is $0.30 and its 200 day simple moving average is $0.38. The stock has a market cap of $88.89 million, a P/E ratio of 30.00 and a beta of 57.63.
SouthGobi Resources (OTCMKTS:SGQRF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.01) earnings per share for the quarter. SouthGobi Resources had a net margin of 17.66% and a negative return on equity of 45.21%. The business had revenue of $92.82 million for the quarter.
About SouthGobi Resources
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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