Blencowe Resources (LON:BRES) Shares Down 0.6%

Shares of Blencowe Resources Plc (LON:BRESGet Free Report) fell 0.6% during mid-day trading on Friday . The company traded as low as GBX 4.85 ($0.06) and last traded at GBX 5.02 ($0.06). 624,196 shares changed hands during trading, an increase of 2% from the average session volume of 610,167 shares. The stock had previously closed at GBX 5.05 ($0.06).

Blencowe Resources Stock Performance

The company has a debt-to-equity ratio of 13.95, a current ratio of 0.15 and a quick ratio of 3.57. The business has a 50-day moving average of GBX 5.53 and a 200-day moving average of GBX 4.82. The company has a market capitalization of £10.86 million, a P/E ratio of -500.00 and a beta of 0.85.

Blencowe Resources Company Profile

(Get Free Report)

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.

Further Reading

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