Shares of GCM Resources Plc (LON:GCM – Get Free Report) were up 33.4% during mid-day trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). Approximately 8,381,048 shares traded hands during trading, an increase of 1,034% from the average daily volume of 739,056 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Trading Up 33.4 %
The firm has a 50-day simple moving average of GBX 1.59 and a 200-day simple moving average of GBX 2.11. The stock has a market cap of £5.59 million, a PE ratio of -2.61 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.
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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