Blencowe Resources Plc (LON:BRES – Get Free Report)’s share price dropped 4.3% during trading on Wednesday . The stock traded as low as GBX 3.13 ($0.04) and last traded at GBX 3.30 ($0.04). Approximately 1,841,941 shares changed hands during trading, an increase of 191% from the average daily volume of 632,786 shares. The stock had previously closed at GBX 3.45 ($0.04).
Blencowe Resources Trading Up 1.6 %
The company has a market capitalization of £9.48 million, a price-to-earnings ratio of -7.40 and a beta of 0.87. The company has a debt-to-equity ratio of 16.04, a quick ratio of 3.57 and a current ratio of 0.12. The business’s 50 day moving average price is GBX 3.96 and its two-hundred day moving average price is GBX 4.22.
Blencowe Resources (LON:BRES – Get Free Report) last issued its earnings results on Friday, January 31st. The company reported GBX (0.45) (($0.01)) 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.
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