Blencowe Resources Plc (LON:BRES – Get Free Report) shares fell 1.4% during mid-day trading on Monday . The stock traded as low as GBX 6.90 and last traded at GBX 6.90. Approximately 1,011,731 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 4,088,471 shares. The stock had previously closed at GBX 7.
Blencowe Resources Stock Performance
The company has a debt-to-equity ratio of 6.48, a current ratio of 4.22 and a quick ratio of 3.57. The stock’s 50 day simple moving average is GBX 7.79 and its two-hundred day simple moving average is GBX 8.22. The stock has a market cap of £33.98 million, a P/E ratio of -9.08 and a beta of 1.44.
Blencowe Resources (LON:BRES – Get Free Report) last released its quarterly earnings results on Tuesday, May 26th. The company reported GBX (0.31) earnings per share for the quarter.
Blencowe Resources Company Profile
Blencowe Resources Plc engages in the acquisition, development, and exploration of graphite properties in Northern Uganda. It holds a 100% interest in the Orom-Cross Graphite project covering an area of approximately 520,000 hectares located in Northern Uganda. The company was formerly known as Cora Gold Limited and changed its name to Blencowe Resources Limited in September 2017. Blencowe Resources Plc was incorporated in 2017 and is based in London, the United Kingdom.
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