Blencowe Resources Plc (LON:BRES – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 3 ($0.04) and last traded at GBX 3.29 ($0.04), with a volume of 1824924 shares traded. The stock had previously closed at GBX 3.30 ($0.04).
Blencowe Resources Price Performance
The company has a 50 day moving average of GBX 3.94 and a 200-day moving average of GBX 4.20. The stock has a market capitalization of £9.48 million, a P/E ratio of -7.40 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.
Blencowe Resources (LON:BRES – Get Free Report) last issued its earnings results on Friday, January 31st. The company reported GBX (0.45) (($0.01)) earnings per share for the quarter.
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.
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