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4-Traders Homepage  >  Equities  >  Nasdaq  >  Monarch Casino & Resort, Inc.    MCRI

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Monarch Casino and Resort, Inc. (NASDAQ:MCRI) Files An 8-K Other Events

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11/22/2016 | 12:40pm CET
Monarch Casino and Resort, Inc. (NASDAQ:MCRI) Files An 8-K Other Events
Item 8.01. Other Events On November 21, 2016, Monarch Casino & Resort, Inc. (the “Company”) issued a press release announcing the completion of the parking garage at its Monarch Casino Black Hawk property. A copy of the press release is attached to this Current Report as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits             99.1       Press Release of Monarch Casino and Resort, Inc. dated November 21, 2016

     
About Monarch Casino and Resort, Inc. (NASDAQ:MCRI)

Monarch Casino & Resort, Inc. (Monarch), through its subsidiary, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada. The Company also owns and operates Monarch Casino Black Hawk. The Company’s operating segments include Atlantis and Monarch Casino Black Hawk. The Atlantis features approximately 61,000 square feet of casino space; over 820 guest rooms and suites; approximately eight food outlets; over two espresso and pastry bars; approximately 30,000 square foot health spa and salon with an enclosed year-round pool; approximately two retail outlets offering clothing and traditional gift shop merchandise, and over 52,000 square feet of banquet, convention and meeting room space. The Monarch Casino Black Hawk features approximately 710 slot machines, over 10 table games, a 250-seat buffet-style restaurant, a snack bar and a parking structure with approximately 500 spaces. The casino space is approximately 27,500 square feet.

Monarch Casino and Resort, Inc. (NASDAQ:MCRI) Recent Trading Information

Monarch Casino and Resort, Inc. (NASDAQ:MCRI) closed its last trading session down -0.52 at 24.69 with 145,910 shares trading hands.

The post Monarch Casino and Resort, Inc. (NASDAQ:MCRI) Files An 8-K Other Events appeared first on Market Exclusive.

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Latest news on MONARCH CASINO & RESORT, I
11/22 MONARCH CASINO AND RESORT, INC. (NAS : MCRI) Files An 8-K Other Events
11/22 MONARCH CASINO & RESORT INC : Other Events (form 8-K)
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Financials ($)
Sales 2016 216 M
EBIT 2016 37,6 M
Net income 2016 23,6 M
Debt 2016 37,7 M
Yield 2016 -
P/E ratio 2016 19,07
P/E ratio 2017 18,32
EV / Sales 2016 2,23x
EV / Sales 2017 2,46x
Capitalization 444 M
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Monarch Casino & Resort, I Technical Analysis Chart | MCRI | US6090271072 | 4-Traders
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Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 27,7 $
Spread / Average Target 8,3%
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Managers
NameTitle
John Farahi Co-Chairman & Chief Executive Officer
Bob Farahi Co-Chairman, President & Secretary
David-Jacques Farahi Chief Operating Officer
Craig F. Sullivan Independent Director
Yvette E. Landau Independent Director
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