Blencowe Resources (LON:BRES) Posts Earnings Results

Blencowe Resources (LON:BRES) issued its quarterly earnings results on Friday. The company reported GBX (0.45) (($0.01)) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Blencowe Resources Price Performance

Shares of Blencowe Resources stock traded down GBX 0.25 ($0.00) during midday trading on Friday, reaching GBX 4 ($0.05). The company had a trading volume of 28,274 shares, compared to its average volume of 428,284. The company has a current ratio of 0.45, a quick ratio of 3.57 and a debt-to-equity ratio of 14.00. The stock has a fifty day simple moving average of GBX 3.94 and a 200 day simple moving average of GBX 4.44. Blencowe Resources has a 1-year low of GBX 3.32 ($0.04) and a 1-year high of GBX 6.50 ($0.08). The company has a market capitalization of £9.06 million, a price-to-earnings ratio of -400.00 and a beta of 0.87.

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.