Blencowe Resources (LON:BRES) Announces Quarterly Earnings Results

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

Blencowe Resources Trading Down 5.9 %

Shares of LON BRES opened at GBX 4 ($0.05) on Friday. 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 market capitalization of £9.06 million, a PE ratio of -400.00 and a beta of 0.87. Blencowe Resources has a twelve month low of GBX 3.32 ($0.04) and a twelve month high of GBX 6.50 ($0.08). The stock has a fifty day simple moving average of GBX 3.95 and a 200-day simple moving average of GBX 4.43.

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.