Mongolia Energy Corporation Limited (MOAEF)
Mongolia Energy Corporation Limited operates in the Coal industry of the Energy sector, headquartered in Hong Kong, HK. The stock last traded at $0.05, up 0.00% on the session, giving a market capitalisation of $9.4M. On trailing twelve-month figures it carries a trailing P/E of 0.22, a net margin of 23.4%. Its beta of 0.02 implies it has historically moved less than the broad market.
Mongolia Energy Corporation Limited functions as an investment holding company, primarily engaged in the mining, exploration, and processing of coal, along with other resource-related endeavors, across the People's Republic of China and Mongolia. The firm supplies both coking and thermal coal. Its flagship initiative is the Khushuut coking coal project, located in Western Mongolia. The corporation holds permits for approximately 12,807 hectares of land for the exploration and extraction of coal and ferrous resources in Western Mongolia, specifically in the Khushuut, Olon Bulag, and Bayan-Ulgii areas. Additionally, it offers various professional services, including management, secretarial, nominee, and coal transportation, alongside expert advisory for mining and exploration. The company's activities also extend to the extraction of minerals, trading coal, and operating facilities for coal washing. Established in 2006, Mongolia Energy Corporation Limited is headquartered in Hong Kong.
Mongolia Energy Corporation Limited is most often compared with the following Energy names: