Blencowe Resources (LON:BRES) Releases Quarterly Earnings Results

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

Blencowe Resources Stock Performance

Blencowe Resources stock opened at GBX 9 on Thursday. The company has a 50 day moving average price of GBX 8.16 and a 200-day moving average price of GBX 8.20. The company has a debt-to-equity ratio of 9.77, a quick ratio of 3.57 and a current ratio of 1.63. Blencowe Resources has a fifty-two week low of GBX 3 and a fifty-two week high of GBX 12.20. The company has a market capitalization of £48.92 million, a PE ratio of -16.67 and a beta of 1.40.

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.