Blencowe Resources Plc (LON:BRES – Get Free Report) fell 9.1% on Tuesday . The company traded as low as GBX 3.75 ($0.05) and last traded at GBX 3.75 ($0.05). 125,330 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 485,889 shares. The stock had previously closed at GBX 4.13 ($0.05).
Blencowe Resources Price Performance
The firm has a market capitalization of £8.49 million, a P/E ratio of -375.00 and a beta of 0.87. The firm has a 50-day moving average of GBX 3.90 and a 200-day moving average of GBX 4.48. The company has a debt-to-equity ratio of 14.00, a quick ratio of 3.57 and a current ratio of 0.45.
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.
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