Shares of Blencowe Resources Plc (LON:BRES – Get Free Report) were down 9.1% during mid-day trading on Tuesday . The company traded as low as GBX 3.75 ($0.05) and last traded at GBX 3.75 ($0.05). Approximately 125,330 shares changed hands during trading, a decline of 74% from the average daily volume of 485,889 shares. The stock had previously closed at GBX 4.13 ($0.05).
Blencowe Resources Stock Performance
The company has a market capitalization of £10.19 million, a price-to-earnings ratio of -450.00 and a beta of 0.87. The company has a 50 day moving average price of GBX 3.92 and a 200 day moving average price of GBX 4.47. The company has a debt-to-equity ratio of 14.00, a quick ratio of 3.57 and a current ratio of 0.45.
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.
Read More
- Five stocks we like better than Blencowe Resources
- What is the Nasdaq? Complete Overview with History
- Oracle Announces Game-Changing News for the AI Industry
- Election Stocks: How Elections Affect the Stock Market
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- Comparing and Trading High PE Ratio Stocks
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Blencowe Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blencowe Resources and related companies with MarketBeat.com's FREE daily email newsletter.
