Rhino Resource Partners (RHNO) Stock Rating Upgraded by ValuEngine
Rhino Resource Partners (OTCMKTS:RHNO) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Thursday.
Shares of OTCMKTS:RHNO traded up $0.29 during trading on Thursday, hitting $1.80. The company’s stock had a trading volume of 429 shares, compared to its average volume of 1,818. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.01 and a current ratio of 1.54. Rhino Resource Partners has a fifty-two week low of $1.20 and a fifty-two week high of $3.74.
Rhino Resource Partners (OTCMKTS:RHNO) last posted its quarterly earnings results on Wednesday, August 8th. The basic materials company reported ($0.23) EPS for the quarter. The business had revenue of $54.92 million during the quarter. Rhino Resource Partners had a negative return on equity of 17.90% and a negative net margin of 10.23%.
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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