GCM Resources Plc (LON:GCM – Get Free Report) shares shot up 33.4% during mid-day trading on Tuesday . 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 mid-day 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 Price 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 company has a 50-day moving average of GBX 1.60 and a 200-day moving average of GBX 2.09. The firm has a market capitalization of £6.35 million, a price-to-earnings ratio of -2.96 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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