SouthGobi Resources Posts Narrower Q4 Loss

SouthGobi Resources Ltd

posted a narrower Q4 loss. SouthGobi Resources posted a quaretrly net loss of $18.9 million, or $0.14 pershare, versus a year-ago loss of $28.7 million, or $0.16 per share. Its revenue climbed 23% to $51.1 million. SouthGobi Resources shares closed at $6.2550 on Friday.