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Mining company stocks surge by an average of 84 percent

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Mining company stocks surge by an average of 84 percent

Mongol Bank reported on the stock value of mining companies registered on foreign stock exchanges operating in Mongolia, comparing stock value in Q4’15 and Q4’16, and reported that stock prices increased by an average of 84 percent. The following six companies saw increases of 25 percent or more: Winsway Coking Coal (600 percent), Petro Matad (160 percent), Mongolian Mining Corp (100 percent), Mongolia Energy Corp (53 percent), Turquoise Hill Resources (27 percent), and Prophecy Coal Corp (25 percent). The following four companies saw decreases of five percent or more: Peace Map Holding Ltd (70 percent), SouthGobi Resources (28 percent), Haranga Resources (25 percent), and Centerra Gold (five percent). Screen Shot 2017-03-06 at 13.01.44

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