Blencowe Resources Plc (LON:BRES – Get Free Report) traded down 0% during trading on Friday . The stock traded as low as GBX 7.10 and last traded at GBX 7.30. 13,532,612 shares were traded during mid-day trading, an increase of 343% from the average session volume of 3,056,656 shares. The stock had previously closed at GBX 7.30.
Blencowe Resources Trading Down 0.0%
The firm’s 50 day simple moving average is GBX 7.35 and its 200-day simple moving average is GBX 5.57. The company has a market capitalization of £29.59 million, a PE ratio of -31.73 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.
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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