SouthGobi Resources: 3Q Earnings Snapshot

November 13, 2019 GMT

VANCOUVER, British Columbia (AP) _ SouthGobi Resources Ltd. (SGQRF) on Wednesday reported third-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 1 cent.

The coal mining company posted revenue of $28.3 million in the period.

The company’s shares closed at 8 cents. A year ago, they were trading at 9 cents.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGQRF at https://www.zacks.com/ap/SGQRF