Contango (LON:CGO) Issues Quarterly Earnings Results

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

Contango Price Performance

CGO stock traded down GBX 0.10 ($0.00) during trading on Thursday, hitting 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 firm has a market capitalization of £7.06 million and a price-to-earnings ratio of -97.70. The company has a current ratio of 2.68, a quick ratio of 3.71 and a debt-to-equity ratio of 45.10. The business has a 50 day moving average of GBX 1.34 and a 200 day moving average of GBX 1.29. Contango has a fifty-two week low of GBX 0.88 ($0.01) and a fifty-two week 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.