GCM Resources Plc (LON:GCM – Get Free Report) dropped 3.3% during mid-day trading on Thursday . The stock traded as low as GBX 1.70 ($0.02) and last traded at GBX 2.03 ($0.03). Approximately 5,139,967 shares changed hands during mid-day trading, an increase of 288% from the average daily volume of 1,323,096 shares. The stock had previously closed at GBX 2.10 ($0.03).
GCM Resources Stock Down 2.4 %
The firm has a market cap of £6.14 million, a price-to-earnings ratio of -2.86 and a beta of 0.73. The stock has a 50-day moving average of GBX 1.60 and a 200-day moving average of GBX 2.09. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
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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