SouthGobi Resources (OTCMKTS:SGQRF) Posts Earnings Results

SouthGobi Resources (OTCMKTS:SGQRF - Get Free Report) posted its earnings results on Friday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. SouthGobi Resources had a negative return on equity of 15.18% and a net margin of 5.59%.Get SouthGobi Resources alerts:SouthGobi Resources Price PerformanceShares of OTCMKTS:SGQRF remained flat at $0.28 during trading on Friday. The stock has a market cap of $82.99 million, a PE ratio of 3.11 and a beta of 69.23. SouthGobi Resources has a 52 week low of $0.28 and a 52 week high of $0.41. The company has a 50-day simple moving average of $0.35 and a 200-day simple moving average of $0.38. About SouthGobi Resources (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.Recommended StoriesFive stocks we like better than SouthGobi ResourcesAre Penny Stocks a Good Fit for Your Portfolio?Are These 3 Oversold Tech Giants Ready to Rebound?How to Invest in Insurance Companies: A Guide If You Wait for the Dip, Micron Technology Could Leave You BehindHealth Care Stocks Explained: Why You Might Want to Invest3 Stocks Quietly Powering the AI and Tech RevolutionThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in SouthGobi Resources Right Now?Before you consider SouthGobi Resources, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SouthGobi Resources wasn't on the list.While SouthGobi Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here