Blencowe Resources Plc (LON:BRES – Get Free Report) shares were up 12.5% during mid-day 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 Stock Down 3.1 %
The firm’s 50-day moving average price is GBX 3.95 and its 200-day moving average price is GBX 4.42. The company has a debt-to-equity ratio of 14.00, a current ratio of 0.45 and a quick ratio of 3.57. The company has a market cap of £9.11 million, a price-to-earnings ratio of -402.20 and a beta of 0.87.
Blencowe Resources (LON:BRES – Get Free Report) last announced its quarterly 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.
Featured Stories
- Five stocks we like better than Blencowe Resources
- What Does Downgrade Mean in Investing?
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- What does consumer price index measure?
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- How to Calculate Options Profits
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Blencowe Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blencowe Resources and related companies with MarketBeat.com's FREE daily email newsletter.
