GCM Resources Plc (LON:GCM – Get Free Report) was up 33.6% on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). Approximately 7,967,525 shares changed hands during trading, an increase of 991% from the average daily volume of 730,441 shares. The stock had previously closed at GBX 1.40 ($0.02).
GCM Resources Trading Down 6.8 %
The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The firm has a market cap of £7.43 million, a price-to-earnings ratio of -3.47 and a beta of 0.73. The firm’s fifty day moving average is GBX 1.60 and its 200-day moving average is GBX 2.10.
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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