Blencowe Resources (LON:BRES) Releases Quarterly Earnings Results

Blencowe Resources (LON:BRES) issued its quarterly earnings results on Friday. The company reported GBX (0.45) (($0.01)) EPS for the quarter, Digital Look Earnings reports.

Blencowe Resources Stock Performance

Shares of BRES traded down GBX 0.25 ($0.00) during mid-day trading on Friday, hitting GBX 4 ($0.05). The stock had a trading volume of 28,274 shares, compared to its average volume of 428,284. The company’s fifty day simple moving average is GBX 3.94 and its two-hundred day simple moving average is GBX 4.44. Blencowe Resources has a fifty-two week low of GBX 3.32 ($0.04) and a fifty-two week high of GBX 6.50 ($0.08). The company has a market cap of £9.06 million, a PE ratio of -400.00 and a beta of 0.87. The company has a quick ratio of 3.57, a current ratio of 0.45 and a debt-to-equity ratio of 14.00.

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.