Ciner Resources LP (NYSE:CINR) is reporting second quarter financial results on Monday 3rd August 2020, after market close.
Previous Quarter Performance
Ciner Resources LP revealed income for the first quarter of $ 0.34 per share, from the revenue of $ 114.40 million. The quarterly earnings declined 69.49 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting revenue of $ 132.10 million The bottom line results street analysts by $ 0.3 or , at the same time, top line results fell short of analysts by $ 17.7 million or 13.4 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CINR was $ 11.10, representing a 17.71 % increase from the 52 week low of $ 9.43 and a 44.02 % decrease over the 52 week high of $ 19.83.
The company has a market capital of $ 219.42 million and is part of the Basic Materials sector and Industrial Metals & Minerals industry.
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Recent Stock Dividend Announcement
On April 28, 2020, the board of directors authorized quarterly dividend of $ 0.34 per share to holders of record as of the close of business on May 8, 2020, with payment date of May 22, 2020 and ex-dividend date on May 7, 2020.
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.
