Shares of Blencowe Resources Plc (LON:BRES – Get Free Report) traded up 7.7% on Tuesday . The company traded as high as GBX 4.90 ($0.06) and last traded at GBX 4.90 ($0.06). 99,706 shares changed hands during trading, a decline of 81% from the average session volume of 513,142 shares. The stock had previously closed at GBX 4.55 ($0.06).
Blencowe Resources Price Performance
The company has a debt-to-equity ratio of 14.00, a current ratio of 0.45 and a quick ratio of 3.57. The firm has a market cap of £11.21 million, a P/E ratio of -500.00 and a beta of 0.87. The stock’s 50-day simple moving average is GBX 4.84 and its two-hundred day simple moving average is GBX 5.06.
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.
See Also
- Five stocks we like better than Blencowe Resources
- ESG Stocks, What Investors Should Know
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Investing in the High PE Growth Stocks
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- What is a buyback in stocks? A comprehensive guide for investors
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?
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.