GCM Resources Plc (LON:GCM – Get Free Report) was up 7.6% during trading on Monday . The company traded as high as GBX 9 ($0.11) and last traded at GBX 8.50 ($0.11). Approximately 2,780,648 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 4,206,160 shares. The stock had previously closed at GBX 7.90 ($0.10).
GCM Resources Price Performance
The firm has a market cap of £20.67 million, a price-to-earnings ratio of -850.00 and a beta of 0.65. The company has a quick ratio of 0.11, a current ratio of 0.41 and a debt-to-equity ratio of 13.91. The company’s 50-day moving average price is GBX 5 and its 200-day moving average price is GBX 2.92.
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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