Shares of GCM Resources Plc (LON:GCM – Get Free Report) traded up 33.4% during mid-day trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). 8,381,048 shares traded hands during trading, an increase of 1,034% from the average session volume of 739,056 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Performance
The firm has a market cap of £5.59 million, a P/E ratio of -2.61 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The company’s 50 day moving average is GBX 1.59 and its 200 day moving average is GBX 2.11.
About GCM Resources
GCM Resources Plc, together with its subsidiaries, operates as a resource exploration and development company in the United States. The company primarily engages in the development of the Phulbari coal and power project that relates to thermal coal and semi-soft coking coal located in Northwest, Bangladesh.
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