GCM Resources Plc (LON:GCM – Get Free Report) traded up 37% during mid-day trading on Tuesday . The company traded as high as GBX 2.60 ($0.03) and last traded at GBX 2.50 ($0.03). 13,235,238 shares traded hands during trading, an increase of 1,242% from the average session volume of 986,584 shares. The stock had previously closed at GBX 1.83 ($0.02).
GCM Resources Price Performance
The company’s 50 day simple moving average is GBX 1.60 and its 200 day simple moving average is GBX 2.09. The stock has a market cap of £5.42 million, a P/E ratio of -2.53 and a beta of 0.73. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11.
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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