GCM Resources Plc (LON:GCM – Get Free Report) shares fell 7.6% on Monday . The company traded as low as GBX 3.50 ($0.05) and last traded at GBX 3.70 ($0.05). 3,747,487 shares changed hands during trading, an increase of 88% from the average session volume of 1,990,016 shares. The stock had previously closed at GBX 4 ($0.05).
GCM Resources Stock Performance
The stock has a market capitalization of £14.97 million, a price-to-earnings ratio of -6.99 and a beta of 0.73. 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 50-day moving average of GBX 1.90 and a 200-day moving average of GBX 2.11.
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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