Blencowe Resources (LON:BRES) Trading Up 3.5%

Blencowe Resources Plc (LON:BRESGet Free Report) was up 3.5% during mid-day trading on Thursday . The company traded as high as GBX 4.60 ($0.06) and last traded at GBX 4.40 ($0.06). Approximately 1,824,827 shares were traded during mid-day trading, an increase of 142% from the average daily volume of 755,448 shares. The stock had previously closed at GBX 4.25 ($0.05).

Blencowe Resources Stock Performance

The company has a current ratio of 0.15, a quick ratio of 3.57 and a debt-to-equity ratio of 13.95. The stock’s 50-day moving average is GBX 4.46 and its 200-day moving average is GBX 4.83. The firm has a market capitalization of £9.67 million, a price-to-earnings ratio of -445.00 and a beta of 0.93.

Blencowe Resources Company Profile

(Get Free Report)

Blencowe Resources Plc acquires, develops, and explores for mineral properties. 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.

Further Reading

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