GCM Resources Plc (LON:GCM – Get Free Report)’s share price shot up 33.4% during mid-day trading on Monday . The stock traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). 8,381,048 shares changed 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 Trading Up 33.4 %
The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The firm has a market capitalization of £5.59 million, a PE ratio of -2.61 and a beta of 0.73. The business’s fifty day moving average price is GBX 1.59 and its 200 day moving average price is GBX 2.10.
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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