Rhino Resource Partners (OTCMKTS:RHNO) released its quarterly earnings results on Wednesday, May 9th. The basic materials company reported ($0.22) earnings per share for the quarter, Morningstar.com reports. The company had revenue of $54.80 million for the quarter. Rhino Resource Partners had a negative net margin of 8.68% and a negative return on equity of 14.84%.
OTCMKTS RHNO opened at $1.60 on Friday. Rhino Resource Partners has a fifty-two week low of $1.10 and a fifty-two week high of $4.29. The company has a quick ratio of 1.56, a current ratio of 1.66 and a debt-to-equity ratio of 0.18.
Separately, ValuEngine downgraded Rhino Resource Partners from a “buy” rating to a “hold” rating in a report on Monday, April 2nd.
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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