Blencowe Resources Plc (LON:BRES – Get Free Report) fell 1.4% during trading on Monday . The company traded as low as GBX 6.90 and last traded at GBX 6.90. Approximately 1,011,731 shares were traded during 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 Down 1.4%
The firm’s 50 day moving average price is GBX 7.77 and its two-hundred day moving average price is GBX 8.22. The firm has a market capitalization of £33.98 million, a PE ratio of -9.08 and a beta of 1.44. The company has a quick ratio of 3.57, a current ratio of 4.22 and a debt-to-equity ratio of 6.48.
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 (EPS) 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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