GCM Resources (LON:GCM) Sets New 52-Week Low – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 1.50 ($0.02) and last traded at GBX 1.80 ($0.02), with a volume of 295237 shares changing hands. The stock had previously closed at GBX 1.65 ($0.02).

GCM Resources Price Performance

The company has a debt-to-equity ratio of 14.77, a current ratio of 0.06 and a quick ratio of 0.11. The stock has a market capitalization of £4.70 million, a price-to-earnings ratio of -170.00 and a beta of 0.73. The stock has a 50 day moving average price of GBX 1.78 and a 200-day moving average price of GBX 2.68.

GCM Resources (LON:GCMGet Free Report) last announced its earnings results on Tuesday, November 19th. The company reported GBX (0.60) (($0.01)) earnings per share (EPS) for the quarter.

About GCM Resources

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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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