GCM Resources Plc (LON:GCM – Get Free Report)’s stock price traded up 15.9% on Wednesday . The stock traded as high as GBX 5.05 ($0.07) and last traded at GBX 4.87 ($0.06). 20,789,832 shares traded hands during mid-day trading, an increase of 759% from the average session volume of 2,421,299 shares. The stock had previously closed at GBX 4.20 ($0.05).
GCM Resources Trading Up 15.9 %
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 company’s fifty day moving average is GBX 1.90 and its two-hundred day moving average is GBX 2.11. The company has a market cap of £14.58 million, a price-to-earnings ratio of -6.80 and a beta of 0.73.
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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