Blencowe Resources Plc (LON:BRES – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 3.32 ($0.04) and last traded at GBX 3.67 ($0.05), with a volume of 4589399 shares. The stock had previously closed at GBX 3.85 ($0.05).
Blencowe Resources Stock Performance
The stock has a market capitalization of £8.76 million, a P/E ratio of -380.00 and a beta of 0.87. The company has a quick ratio of 3.57, a current ratio of 0.45 and a debt-to-equity ratio of 14.00. The business has a fifty day moving average price of GBX 4.70 and a 200-day moving average price of GBX 5.03.
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.
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