GCM Resources Plc (LON:GCM – Get Free Report) shares fell 2.4% on Thursday . The company traded as low as GBX 1.70 ($0.02) and last traded at GBX 2.05 ($0.03). 5,662,298 shares changed hands during mid-day trading, an increase of 325% from the average session volume of 1,333,337 shares. The stock had previously closed at GBX 2.10 ($0.03).
GCM Resources Trading Down 2.9 %
The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The firm has a market capitalization of £6.11 million, a P/E ratio of -2.85 and a beta of 0.73. The firm’s 50-day simple moving average is GBX 1.60 and its 200-day simple moving average is GBX 2.09.
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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