Blencowe Resources (LON:BRES) Shares Up 0.3%

Blencowe Resources Plc (LON:BRESGet Rating)’s stock price shot up 0.3% during trading on Thursday . The stock traded as high as GBX 5.98 ($0.07) and last traded at GBX 5.82 ($0.07). 718,957 shares changed hands during trading, a decline of 47% from the average session volume of 1,348,085 shares. The stock had previously closed at GBX 5.80 ($0.07).

Blencowe Resources Trading Up 0.3 %

The firm’s 50 day moving average is GBX 4.21 and its 200 day moving average is GBX 3.77. The company has a market cap of £11.45 million and a PE ratio of -9.70. The company has a debt-to-equity ratio of 15.87, a current ratio of 4.31 and a quick ratio of 3.57.

Blencowe Resources Company Profile

(Get Rating)

Blencowe Resources Plc acquires, develops, and explores for mineral properties. 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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