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SouthGobi Resources: Q1 Earnings Snapshot
VANCOUVER, British Columbia (AP) _ SouthGobi Resources Ltd. (SGQRF) on Friday reported first-quarter net income of $13.1 million, after reporting a loss in the same period a year earlier.
The Vancouver, British Columbia-based company said it had net income of 2 cents per share.
The coal mining company posted revenue of $28.1 million in the period.
The company’s shares closed at 50 cents. A year ago, they were trading at 9 cents.
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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
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