Shares of GCM Resources Plc (LON:GCM – Get Free Report) fell 8.1% during mid-day trading on Wednesday . The company traded as low as GBX 2.58 ($0.03) and last traded at GBX 2.94 ($0.04). 9,061,438 shares changed hands during trading, an increase of 398% from the average session volume of 1,818,116 shares. The stock had previously closed at GBX 3.20 ($0.04).
GCM Resources Stock Performance
The stock has a fifty day moving average of GBX 1.73 and a 200-day moving average of GBX 2.08. 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 market cap of £8.39 million, a PE ratio of -3.91 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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