Shares of GCM Resources Plc (LON:GCM – Get Free Report) rose 34.9% during mid-day trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.89 ($0.02). Approximately 7,520,275 shares traded hands during mid-day trading, an increase of 945% from the average daily volume of 719,721 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Stock Up 35.1 %
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 has a market cap of £7.38 million, a price-to-earnings ratio of -3.45 and a beta of 0.73. The business has a 50-day simple moving average of GBX 1.60 and a 200-day simple moving average of GBX 2.10.
GCM Resources Company Profile
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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