Shares of Blencowe Resources Plc (LON:BRES – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 5.50 and last traded at GBX 5.75, with a volume of 3389924 shares. The stock had previously closed at GBX 5.88.
Blencowe Resources Trading Down 2.2%
The business’s fifty day moving average is GBX 7.06 and its two-hundred day moving average is GBX 7.54. The firm has a market cap of £28.31 million, a price-to-earnings ratio of -7.57 and a beta of 1.45. The company has a quick ratio of 3.57, a current ratio of 4.22 and a debt-to-equity ratio of 6.48.
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. Blencowe Resources Plc was incorporated in 2017 and is based in London, the United Kingdom.
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