Blencowe Resources (LON:BRES) Posts Earnings Results

Blencowe Resources (LON:BRES) announced its earnings results on Friday. The company reported GBX (0.36) EPS for the quarter, Digital Look Earnings reports.

Blencowe Resources Trading Down 1.2%

Blencowe Resources stock opened at GBX 8.20 on Friday. The firm has a 50-day moving average of GBX 7.62 and a 200-day moving average of GBX 6.31. Blencowe Resources has a one year low of GBX 2.55 and a one year high of GBX 9.80. The company has a debt-to-equity ratio of 16.04, a current ratio of 0.12 and a quick ratio of 3.57. The company has a market cap of £39.00 million, a price-to-earnings ratio of -35.65 and a beta of 0.87.

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.