Ciner Resources LP (NYSE:CINR) is set to announce third quarter earning results on Monday 2nd November 2020, after market close.
Previous Quarter Performance
Ciner Resources LP outlined loss for the second quarter of $ 0.17 per share, from the revenue of $ 76.20 million. According to street consensus, revenue of $ 132.10 million was expected for the second quarter The top line results fell short of analysts by $ 55.9 million or 42.32 percent.
Stock Performance
On Friday, shares of Ciner Resources LP has traded high as $ 11.82 and has cracked $ 11.02 on the downward trend, reaching $ 11.02 with volume of 7.50 thousand shares.
According to the previous trading day, closing price of $ 11.02, representing a 22.34 % increase from the 52 week low of $ 9.40 and a 42.01 % decrease over the 52 week high of $ 19.83.
The company has a market capital of $ 217.84 million and is part of the Basic Materials sector and Industrial Metals & Minerals industry.
Ciner Resources LP engages in the trona ore mining and soda ash production businesses in the United States and internationally. It processes trona ore into soda ash, which is a raw material in flat glass, container glass, detergents, chemicals, paper, and other consumer and industrial products. The company has approximately 23,500 acres of leased and licensed subsurface mining areas in the Green River Basin of Wyoming.
