Blencowe Resources (LON:BRES) Announces Quarterly Earnings Results

Blencowe Resources (LON:BRES) posted its quarterly earnings data on Tuesday. The company reported GBX (0.31) earnings per share for the quarter, Digital Look Earnings reports.

Blencowe Resources Stock Up 1.4%

Blencowe Resources stock traded up GBX 0.12 during trading hours on Tuesday, hitting GBX 8.50. 4,256,733 shares of the stock traded hands, compared to its average volume of 4,451,427. The firm’s 50-day moving average price is GBX 8.17 and its two-hundred day moving average price is GBX 8.18. The company has a current ratio of 1.63, a quick ratio of 3.57 and a debt-to-equity ratio of 9.77. The company has a market cap of £46.20 million, a PE ratio of -15.74 and a beta of 1.40. Blencowe Resources has a one year low of GBX 3 and a one year high of GBX 12.20.

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. Blencowe Resources Plc was incorporated in 2017 and is based in London, the United Kingdom.