MONGOLIAN MINING CORPORATION ORD CAYMAN (OTCMKTS:MOGLQ) Has Decline in Shorts

The stock of MONGOLIAN MINING CORPORATION ORD CAYMAN (OTCMKTS:MOGLQ) registered a decrease of 97.53% in short interest. MOGLQ’s total short interest was 2,500 shares in February as published by FINRA. Its down 97.53% from 101,400 shares, reported previously.

It closed at $0.03052 lastly. It is down 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Mongolian Mining Corporation, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company has market cap of $309.05 million. It owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in Southern Gobi province of Mongolia. It has a 1.39 P/E ratio. It is also involved in the railway project management, coal haulage and logistics management, airport operation and management, coal plant management, water exploration and supply management, and power supply project management activities; construction of road; and trading of coals and machinery equipment.

More notable recent Mongolian Mining Corporation (OTCMKTS:MOGLQ) news were published by: Reuters.com which released: “Mongolian Mining in restructuring talks after bond default” on April 29, 2016, also Seekingalpha.com with their article: “Focus On Mongolian Mining Corporation, Mongolia’s Flagship Public Company” published on March 27, 2012, Seekingalpha.com published: “Progress Seen On Mongolian Mining Corp.’s Tavan Tolgoi Deal” on February 13, 2015. More interesting news about Mongolian Mining Corporation (OTCMKTS:MOGLQ) were released by: Moodys.com and their article: “Moody’s downgrades Mongolian Mining to Ca; outlook negative” published on September 01, 2015 as well as Seekingalpha.com‘s news article titled: “Mongolian Mining Corp.: A High Profit Margin Play With Room To Grow” with publication date: March 12, 2012.

Source: https://friscofastball.com/mongolian-mining-corporation-ord-cayman-otcmktsmoglq-has-decline-in-shorts/

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