Last $0.47 USD
Change Today -0.1115 / -19.31%
Volume 250.0
SGQRF On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Berlin
Hong Kong
As of 8:10 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

southgobi resources ltd (SGQRF) Snapshot

Open
$0.47
Previous Close
$0.58
Day High
$0.47
Day Low
$0.47
52 Week High
11/5/13 - $1.20
52 Week Low
03/24/14 - $0.41
Market Cap
87.3M
Average Volume 10 Days
25.0
EPS TTM
--
Shares Outstanding
187.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SOUTHGOBI RESOURCES LTD (SGQRF)

Related News

No related news articles were found.

southgobi resources ltd (SGQRF) Related Businessweek News

No Related Businessweek News Found

southgobi resources ltd (SGQRF) Details

SouthGobi Resources Ltd., together with its subsidiaries, mines, explores for, and develops metallurgical and thermal coal deposits in South Gobi region of Mongolia. The company owns interests in 3 mining licenses and 4 exploration licenses that cover an area of approximately 234,000 hectares located in Mongolia. Its flagship project includes the Ovoot Tolgoi mine, which covers a total area of 9,312.27 hectares located in the southwest corner of the Umnugobi Aimag, Mongolia. The company was formerly known as SouthGobi Energy Resources Ltd. and changed its name to SouthGobi Resources Ltd. in May 2010. The company is headquartered in Vancouver, Canada. SouthGobi Resources Ltd. operates as a subsidiary of Turquoise Hill Resources Ltd.

403 Employees
Last Reported Date: 08/11/14

southgobi resources ltd (SGQRF) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: $390.5K
Chief Financial Officer
Total Annual Compensation: $129.7K
President of Southgobi Sands LLC and Executiv...
Total Annual Compensation: $91.9K
Vice President of Investor Relations & Extern...
Total Annual Compensation: $300.9K
Compensation as of Fiscal Year 2013.

southgobi resources ltd (SGQRF) Key Developments

Southgobi Resources Limited Reports Production and Sales Results for the Third Quarter Ended September 30, 2014

SouthGobi Resources Limited reported production and sales results for the third quarter ended September 30, 2014. For the quarter, the company reported raw coal production of 0.17 million tonnes against 1.13 million tonnes a year ago. For quarter, the company reported sales of standard semi-soft coking coal of 0.31 million tonnes against 0.87 million tonnes a year ago. Thermal coal was 0.34 million tonnes against 0.03 million tonnes a year ago. Total sales was 0.65 million tonnes against 0.94 million tonnes a yeara go.

SouthGobi Resources Limited Announces Resignation of Brett Salt as Chief Commercial Officer Effective October 1, 2014; Reports Unaudited Consolidated Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Impairment Charges for the Second Quarter of 2014

SouthGobi Resources Limited announced that Mr. Brett Salt, Chief Commercial Officer, has resigned with an effective date of October 1, 2014. Mr. Salt has accepted a new role with another company. The company reported unaudited consolidated earnings and operating results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $6,691,000 compared to $6,129,000 a year ago. Loss from operations was $17,531,000 compared to $30,518,000 a year ago. Loss before tax was $22,622,000 compared to $32,725,000 a year ago. Net loss attributable to equity holders of the company was $23,168,000 or $0.12 per basic and diluted share compared to $33,141,000 or $0.18 per basic and diluted share a year ago. Revenue increased in the second quarter of 2014 compared to the second quarter of 2013 primarily due to higher sales volumes. The company continues to limit capital expenditures to essential equipment maintenance and critical projects with $0.8 million spent in CapEx in the second quarter. The company generated a positive cash flow, excluding interest fee and financing of $3.2 million, supported by prepayments on coal sales. For the six months period, the company reported revenue of $11,828,000 compared to $10,527,000 a year ago. Loss from operations was $34,242,000 compared to $51,862,000 a year ago. Loss before tax was $43,377,000 compared to $58,307,000 a year ago. Net loss attributable to equity holders of the company was $43,923,000 or $0.23 per basic and diluted share compared to $56,807,000 or $0.31 per basic and diluted share a year ago. The company’s production decreased to 0.55 million tonnes of raw coal in the second quarter of 2014 compared to production of 0.64 million tonnes of raw coal in the first quarter of 2014. This decrease in production is due to the company's decision in June in response to current market conditions to reduce its production and place approximately half of its workforce in furlough. This furlough is anticipated to remain in place until the end of August subject to market conditions. For the six months period, the company reported raw coal production of 1.19 million of tonnes compared to 0.19 million of tonnes a year ago. For the second quarter of 2014, the company reported impairment loss on property, plant and equipment of $277,000 against $4,299,000 a year ago.

SouthGobi Resources Limited to Report Q2, 2014 Results on Aug 11, 2014

SouthGobi Resources Limited announced that they will report Q2, 2014 results at 9:00 AM, Eastern Standard Time on Aug 11, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SGQRF:US $0.47 USD -0.1115

SGQRF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for SGQRF.
View Industry Companies
 

Industry Analysis

SGQRF

Industry Average

Valuation SGQRF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.6x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SOUTHGOBI RESOURCES LTD, please visit www.southgobi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.