Blencowe Resources Plc (LON:BRES – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The stock 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 1.0%
The stock has a market cap of £30.08 million, a PE ratio of -7.89 and a beta of 1.45. The company has a debt-to-equity ratio of 6.48, a current ratio of 4.22 and a quick ratio of 3.57. The stock has a 50-day moving average price of GBX 7.05 and a two-hundred day moving average price of GBX 7.53.
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. Blencowe Resources Plc was incorporated in 2017 and is based in London, the United Kingdom.
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