Blencowe Resources Plc (LON:BRES – Get Free Report)’s stock price was up 12.5% during trading on Monday . The stock traded as high as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 395,690 shares were traded during trading, a decline of 7% from the average daily volume of 426,867 shares. The stock had previously closed at GBX 4 ($0.05).
Blencowe Resources Trading Down 3.1 %
The company’s 50 day moving average is GBX 3.95 and its 200 day moving average is GBX 4.42. The stock has a market capitalization of £9.11 million, a price-to-earnings ratio of -402.20 and a beta of 0.87. The company has a debt-to-equity ratio of 14.00, a quick ratio of 3.57 and a current ratio of 0.45.
Blencowe Resources (LON:BRES – Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The company reported GBX (0.45) (($0.01)) 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.
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