Blencowe Resources (LON:BRES) Issues 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%

Shares of Blencowe Resources stock traded up GBX 0.12 during trading 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 company has a debt-to-equity ratio of 9.77, a quick ratio of 3.57 and a current ratio of 1.63. The company has a fifty day moving average price of GBX 8.17 and a two-hundred day moving average price of GBX 8.18. The stock has a market cap of £46.20 million, a P/E ratio of -15.74 and a beta of 1.40. Blencowe Resources has a twelve month low of GBX 3 and a twelve month high of GBX 12.20.

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.