Blencowe Resources Plc (LON:BRES – Get Free Report)’s share price fell 1% during trading on Monday . The company traded as low as GBX 4.93 ($0.06) and last traded at GBX 5.10 ($0.06). 1,018,520 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 649,922 shares. The stock had previously closed at GBX 5.15 ($0.06).
Blencowe Resources Trading Down 1.0 %
The company has a debt-to-equity ratio of 13.95, a quick ratio of 3.57 and a current ratio of 0.15. The firm has a market cap of £11.08 million, a P/E ratio of -510.00 and a beta of 0.95. The stock has a fifty day simple moving average of GBX 4.45 and a 200 day simple moving average of GBX 4.64.
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.
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