GCM Resources Plc (LON:GCM – Get Free Report) shares rose 15.4% during mid-day trading on Tuesday . The company traded as high as GBX 5 ($0.06) and last traded at GBX 4.85 ($0.06). Approximately 13,791,997 shares changed hands during mid-day trading, an increase of 499% from the average daily volume of 2,302,692 shares. The stock had previously closed at GBX 4.20 ($0.05).
GCM Resources Price Performance
The stock has a market capitalization of £15.20 million, a P/E ratio of -7.09 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The firm has a 50-day moving average price of GBX 1.83 and a 200 day moving average price of 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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