Blencowe Resources Plc (LON:BRES – Get Free Report) shares dropped 4.6% during mid-day trading on Monday . The stock traded as low as GBX 6.05 and last traded at GBX 6.35. 4,886,036 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 3,845,256 shares. The stock had previously closed at GBX 6.66.
Blencowe Resources Price Performance
The firm has a market capitalization of £32.01 million, a P/E ratio of -8.55 and a beta of 1.43. The business’s fifty day moving average is GBX 7.39 and its 200 day moving average is GBX 8.14. The company has a current ratio of 4.22, a quick ratio of 3.57 and a debt-to-equity ratio of 6.48.
Blencowe Resources (LON:BRES – Get Free Report) last issued its earnings results on Tuesday, May 26th. The company reported GBX (0.31) earnings per share for the quarter.
About Blencowe Resources
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.
See Also
- Five stocks we like better than Blencowe Resources
- SpaceX: Love the Company, But the Stock Is a Harder Call
- Ulta’s Growth Is Real, But So Are the Risks
- BWX Technologies Is Turning the AI Power Problem Into a Nuclear Growth Story
- Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth
Receive News & Ratings for Blencowe Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blencowe Resources and related companies with MarketBeat.com's FREE daily email newsletter.
