GCM Resources Plc (LON:GCM – Get Free Report)’s share price shot up 14.7% during trading on Tuesday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.28 ($0.04). 14,020,206 shares changed hands during mid-day trading, an increase of 736% from the average session volume of 1,676,795 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Stock Up 14.7 %
The stock’s fifty day simple moving average is GBX 1.66 and its two-hundred day simple moving average is GBX 2.08. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The company has a market capitalization of £9.82 million, a price-to-earnings ratio of -4.58 and a beta of 0.73.
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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