GCM Resources Plc (LON:GCM – Get Free Report)’s share price dropped 9.4% on Tuesday . The stock traded as low as GBX 2.80 ($0.04) and last traded at GBX 2.90 ($0.04). Approximately 5,451,105 shares changed hands during trading, an increase of 211% from the average daily volume of 1,751,258 shares. The stock had previously closed at GBX 3.20 ($0.04).
GCM Resources Stock Performance
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 firm has a market capitalization of £8.50 million, a price-to-earnings ratio of -3.97 and a beta of 0.73. The firm’s 50-day moving average price is GBX 1.71 and its two-hundred day moving average price is GBX 2.08.
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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