Contango (LON:CGO) Releases Earnings Results

Contango (LON:CGO) released its quarterly earnings data on Thursday. The company reported GBX (0.14) ($0.00) earnings per share for the quarter, Digital Look Earnings reports.

Contango Trading Down 9.1 %

Shares of LON:CGO traded down GBX 0.10 ($0.00) during midday trading on Thursday, reaching GBX 0.98 ($0.01). The company had a trading volume of 2,024,232 shares, compared to its average volume of 905,280. The company has a fifty day simple moving average of GBX 1.34 and a two-hundred day simple moving average of GBX 1.29. The company has a debt-to-equity ratio of 45.10, a quick ratio of 3.71 and a current ratio of 2.68. The firm has a market cap of £7.06 million and a price-to-earnings ratio of -97.70. Contango has a 1-year low of GBX 0.88 ($0.01) and a 1-year high of GBX 2.40 ($0.03).

About Contango

Contango Holdings PLC (LON: CGO) is a UK-based natural resource development company focused on the development of the +2 billion tonne Muchesu Coal Project in Zimbabwe, a producing coking coal mine and associated fully integrated coke production operation covering 19,236 hectares in the Hwange mining district in North-western Zimbabwe.