Shares of Blencowe Resources Plc (LON:BRES – Get Free Report) fell 7% during trading on Monday . The company traded as low as GBX 8.10 and last traded at GBX 8.46. 7,673,674 shares changed hands during mid-day trading, an increase of 71% from the average session volume of 4,498,112 shares. The stock had previously closed at GBX 9.10.
Blencowe Resources Trading Down 7.0%
The company has a debt-to-equity ratio of 6.48, a quick ratio of 3.57 and a current ratio of 4.22. The firm has a market cap of £45.98 million, a PE ratio of -15.67 and a beta of 1.40. The stock’s 50 day simple moving average is GBX 8.16 and its 200 day simple moving average is GBX 8.22.
Blencowe Resources (LON:BRES – Get Free Report) last announced its quarterly earnings data 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.
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