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Mongolia Energy Corp. Ltd. (BMG6260K1595)

Market Closed
5 Aug, 19:56
XSTU XSTU
0. 05
+0
+0.9524%
- Market Cap
- P/E Ratio
- Div Yield
0 Volume
0 Eps
0.05
Previous Close
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Day Range
0.05 0.05
Year Range
0.05 0.09
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Summary

BMG6260K1595 closed Wednesday higher at €0.05, an increase of 0.9524% from Tuesday's close, completing a monthly decrease of -0.9346% or €0. Over the past 12 months, BMG6260K1595 stock lost -19.697%.
BMG6260K1595 is not paying dividends to its shareholders.
The last earnings report, released on Aug 22, 2024, exceeded the consensus estimates by 0%. On average, the company has surpassed earnings expectations by 0%, based on the last three reports.
Mongolia Energy Corp. Ltd. has completed 3 stock splits, with the recent split occurring on Mar 04, 2020.
The company's stock is traded on 3 different exchanges and in various currencies, with the primary listing on OTC PINK (USD).

BMG6260K1595 Chart

Mongolia Energy Corp. Ltd. (BMG6260K1595) FAQ

What is the stock price today?

The current price is €0.05.

On which exchange is it traded?

Mongolia Energy Corp. Ltd. is listed on XSTU.

What is its stock symbol?

The ticker symbol is BMG6260K1595.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Mongolia Energy Corp. Ltd. ever had a stock split?

Mongolia Energy Corp. Ltd. had 3 splits and the recent split was on Mar 04, 2020.

Mongolia Energy Corp. Ltd. Profile

Oil, Gas & Consumable Fuels Industry
Energy Sector
Yvette Ong CEO
XSTU Exchange
BMG6260K1595 ISIN
HK Country
777 Employees
4 Mar 2020 Last Dividend
4 Mar 2020 Last Split
- IPO Date

Overview

Mongolia Energy Corporation Limited (MEC) stands as a pivotal player in the energy and resources sector, focusing its operations predominantly in the People's Republic of China and Mongolia. Incorporated in 2006 and headquartered in Hong Kong, MEC operates as an investment holding company with a robust portfolio in coal mining, exploration, processing, and a broad spectrum of resources-related operations. Its flagship project, the Khushuut coking coal project located in Western Mongolia, is a testament to the company's dedication to the exploration and development of high-value coal deposits. MEC's operational footprint extends across approximately 12,807 hectares encompassing exploration and mining concession areas in strategically important locations such as Khushuut, Gobi Altay, and Olon Bulag in Western Mongolia. Beyond its core mining and exploration activities, MEC offers a suite of ancillary services including management, secretarial and nominee services, coal transportation, and mining and exploration advisory services, thereby ensuring a comprehensive value chain approach to its business operations. Moreover, MEC's commitment to excellence and growth is further underscored by its ventures into mineral exploration and mining, coal trading, and the operation of coal washing plants, positioning the company as a key contributor to the global energy and resources market.

Products and Services

  • Coking and Thermal Coal

    MEC specializes in the mining and sale of high-quality coking and thermal coal, catering to the intense demand from steel manufacturers and power generation companies. The coking coal from its Khushuut mine is particularly sought after for its superior quality and efficiency in metallurgical processes.

  • Coal Washing Plants

    The company operates coal washing plants which play a crucial role in enhancing the quality of the coal by reducing impurities. This not only improves the efficiency of the coal but also increases its market value, meeting the rigorous standards of the international market.

  • Coal Transportation Services

    Understanding the logistical challenges in the coal industry, MEC provides specialized coal transportation services. This ensures the safe and efficient delivery of coal to clients, leveraging an extensive network of roads and rail systems in the regions of operation.

  • Mining and Exploration Advisory Services

    With a wealth of knowledge and expertise in the mining sector, MEC offers advisory services in mining and exploration. This encompasses a broad range of services including geological surveys, feasibility studies, and mining strategy development, instrumental for ventures aiming at exploration and mining success.

  • Management, Secretarial and Nominee Services

    To complement its primary business functions, MEC extends management, secretarial, and nominee services, demonstrating its versatile operational capabilities. These services cater to the administrative and regulatory needs of its clients and subsidiaries, ensuring efficient and compliant business operations.

Contact Information

Address: 118 Connaught Road West
Phone: 852 2138 8000