SouthGobi Resources Ltd.

SGQ

CA8443751059

Coal

End-of-day quote Toronto S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.02 ^CAD	+3.03%		+3.03%	+161.54%

Apr. 22	SouthGobi Resources Ltd.(TSXV:SGQ) added to S&P/TSX Venture Composite Index	CI
Apr. 01	Southgobi Resources Returns to Profit in 2023 as Major Mining Operations Resume	MT

SouthGobi Resources Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 14, 2023 at 07:24 am EST

SouthGobi Resources Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 97.98 million compared to USD 36.81 million a year ago. Net income was USD 29.35 million compared to net loss of USD 8.02 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.
For the nine months, sales was USD 243 million compared to USD 42.6 million a year ago. Net loss was USD 23.43 million compared to USD 25.84 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.09 a year ago.

Latest news about SouthGobi Resources Ltd.

SouthGobi Resources Ltd.(TSXV:SGQ) added to S&P/TSX Venture Composite Index	Apr. 21	CI
Southgobi Resources Returns to Profit in 2023 as Major Mining Operations Resume	Apr. 01	MT
SouthGobi Resources Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
SouthGobi Resources Slated to Return to Profit in 2023	Mar. 27	MT
SouthGobi Resources Ltd. Provides Earnings Guidance for the Year Ended December 31, 2023	Mar. 26	CI
SouthGobi Resources CFO Steps Down; Shares Decline 6%	Feb. 05	MT
SouthGobi Brief: Ms. Chonglin Zhu Appointed as the Chief Financial Officer; Replacing Alan Ho, Who Has Been Assigned to a New Management Position; Changes Effive Feb. 2, 2024 Hong Kong time	Feb. 02	MT
SouthGobi Resources Ltd. Announces CFO Changes	Feb. 02	CI
SouthGobi Returns to Profit in Q3	Nov. 14	MT
SouthGobi Resources Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
SouthGobi Resources Expects Return to Profit in Q3; Shares Surge 15%	Nov. 02	MT
SouthGobi Resources Ltd. Provides Unaudited Earnings Guidance for the Three Months Ended September 30, 2023	Nov. 02	CI
SouthGobi Resources to Defer $4 Million Interest Payment on Convertible Debentures	23-10-16	MT
SouthGobi Resources Ltd. Provides Group Earnings Guidance for the Six Months Ended June 30, 2023	23-08-22	CI
SouthGobi Resources' Loss Widens in Q2; Shares Slump 8%	23-08-15	MT
SouthGobi Resources Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
SouthGobi to Seek Shareholder Nod for 2023 Deferral Deal	23-08-02	MT
SouthGobi Resources Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2023	23-07-31	CI
SouthGobi Brief: Announcing Change in Composition of Board Committees; and Retirement of President	23-06-22	MT
SouthGobi Resources Ltd. Announces management Changes	23-06-22	CI
SouthGobi Swings to Profit in Q1	23-05-22	MT
SouthGobi Resources Ltd. Reports Production Results for the First Quarter Ended March 31, 2023	23-05-19	CI
SouthGobi Resources Swings To Q1 Profit YOY	23-05-19	MT
SouthGobi Resources Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-19	CI
Southgobi Resources Ltd. Appoints Zaixiang Wen as Non-Executive Director	23-05-17	CI

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Company Profile

SouthGobi Resources Ltd. is a Canada-based coal mining, development, and exploration company. The Company holds six mining licenses in Mongolia. The mining licenses pertain to the Ovoot Tolgoi Mine (MV-012726), the Soumber Deposit (MV-016869, MV-020436 and MV-020451) and the Zag Suuj Deposit (MV-020676 and MV-020675). The Ovoot Tolgoi Mine, strategically located approximately 40km from the Shivee Khuren-Ceke crossing at the Chinese-Mongolian border (Shivee Khuren Border Crossing). The Ovoot Tolgoi Mine has two distinct pits, namely the Sunrise and Sunset pits. The Soumber Deposit, comprising the Central Soumber, East Soumber, Biluut, South Biluut and Jargalant Fields, is located approximately 20km east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit, located approximately 150km east of the Ovoot Tolgoi Mine and approximately 80km north of the Mongolia-China border, lies within the administrative units of Noyon and Bayandalai Soums in the Umnugobi Aimag (South Gobi Province).

Sector

Coal

Calendar

2024-05-15 - Q1 2024 Earnings Release (Projected)

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Sector Coal Mining Support

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