GCM Resources Plc (LON:GCM – Get Free Report) dropped 24.2% on Friday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.73 ($0.04). Approximately 51,750,059 shares traded hands during trading, an increase of 1,477% from the average daily volume of 3,281,368 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Trading Down 24.2 %
The business has a fifty day moving average price of GBX 2 and a two-hundred day moving average price of GBX 2.14. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76. The firm has a market capitalization of £8.18 million, a PE ratio of -3.82 and a beta of 0.73.
GCM Resources Company Profile
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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