Rhino Resource Partners (RHNO) Rating Lowered to Strong Sell at ValuEngine

Rhino Resource Partners (OTCMKTS:RHNO) was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued on Wednesday, May 1st, ValuEngine reports.

Shares of RHNO stock traded down $0.16 during trading hours on Wednesday, reaching $0.82. The company’s stock had a trading volume of 1,284 shares, compared to its average volume of 1,583. Rhino Resource Partners has a fifty-two week low of $0.80 and a fifty-two week high of $2.30. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 0.27.

Rhino Resource Partners (OTCMKTS:RHNO) last issued its earnings results on Friday, May 10th. The basic materials company reported ($0.53) earnings per share for the quarter. Rhino Resource Partners had a negative net margin of 8.49% and a negative return on equity of 17.30%. The business had revenue of $58.74 million during the quarter.

Rhino Resource Partners Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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