Rhino Resource Partners (OTCMKTS:RHNO) posted its earnings results on Wednesday. The basic materials company reported ($0.40) earnings per share (EPS) for the quarter, Morningstar.com reports. Rhino Resource Partners had a negative net margin of 10.23% and a negative return on equity of 17.90%. The firm had revenue of $72.57 million during the quarter.
RHNO traded down $0.01 during trading on Thursday, reaching $1.21. 1,418 shares of the company’s stock were exchanged, compared to its average volume of 852. The company has a quick ratio of 1.01, a current ratio of 1.54 and a debt-to-equity ratio of 0.17. Rhino Resource Partners has a fifty-two week low of $1.15 and a fifty-two week high of $3.74.
Separately, ValuEngine cut shares of Rhino Resource Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, August 7th.
About Rhino Resource Partners
Rhino Resource Partners LP, together with its subsidiaries, produces, processes, and sells various grades of steam and metallurgical coal from surface and underground mines in the United States. It operates mines in Kentucky, Ohio, West Virginia, and Utah. The company markets its steam coal primarily to electric utility companies as fuel for their steam powered generators; and metallurgical coal primarily to steel and coke producers.
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