GCM Resources Plc (LON:GCM – Get Free Report)’s share price shot up 35.1% during trading on Tuesday . The company traded as high as GBX 2.80 ($0.04) and last traded at GBX 2.47 ($0.03). 21,580,945 shares were traded during mid-day trading, an increase of 1,765% from the average session volume of 1,156,905 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Stock Performance
The firm’s 50-day simple moving average is GBX 1.59 and its two-hundred day simple moving average is GBX 2.10. 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 stock has a market capitalization of £7.38 million, a PE ratio of -3.45 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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