Bloomberg: Mongolia Energy Slumps to Lowest in Five Years

Mongolia Energy Corp., a mineral and energy explorer, fell to the lowest level in more than five years in Hong Kong after posting a record full-year net loss. The shares dropped as much as 15 percent to 35 Hong Kong cents and traded at 35.5 cents as of 11:14 a.m. local time, the lowest level since Feb. 7, 2007. The benchmark Hang Seng Index gained 1.6 percent. Hong Kong’s stock market was closed yesterday for a holiday. To read the full article, click hereMongolia Energy Slumps to Lowest in Five Years

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