Blencowe Resources (LON:BRES) Releases Earnings Results

Blencowe Resources (LON:BRES) issued its quarterly earnings results on Friday. The company reported GBX (0.36) earnings per share for the quarter, Digital Look Earnings reports.

Blencowe Resources Stock Performance

BRES traded down GBX 0.10 on Friday, reaching GBX 8.20. The company had a trading volume of 4,467,031 shares, compared to its average volume of 4,894,179. The stock has a market capitalization of £39.00 million, a PE ratio of -35.65 and a beta of 0.87. The company has a quick ratio of 3.57, a current ratio of 0.12 and a debt-to-equity ratio of 16.04. Blencowe Resources has a 1 year low of GBX 2.55 and a 1 year high of GBX 9.80. The stock has a 50-day moving average price of GBX 7.60 and a 200-day moving average price of GBX 6.27.

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.