Blencowe Resources (LON:BRES) Posts Quarterly Earnings Results

Blencowe Resources (LON:BRES) issued its quarterly earnings data on Tuesday. The company reported GBX (0.31) EPS for the quarter, Digital Look Earnings reports.

Blencowe Resources Stock Performance

Shares of BRES opened at GBX 8.57 on Wednesday. Blencowe Resources has a 12 month low of GBX 3 and a 12 month high of GBX 12.20. The stock has a fifty day moving average price of GBX 8.16 and a 200-day moving average price of GBX 8.19. The company has a current ratio of 1.63, a quick ratio of 3.57 and a debt-to-equity ratio of 9.77. The firm has a market cap of £46.55 million, a PE ratio of -15.86 and a beta of 1.40.

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.