GCM Resources (LON:GCM) Shares Up 33.6% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) shares traded up 33.6% during trading on Monday . The company traded as high as GBX 2.20 ($0.03) and last traded at GBX 1.87 ($0.02). 7,967,525 shares changed hands during mid-day trading, an increase of 991% from the average session volume of 730,441 shares. The stock had previously closed at GBX 1.40 ($0.02).

GCM Resources Trading Up 33.4 %

The stock has a market cap of £5.59 million, a PE ratio of -2.61 and a beta of 0.73. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76. The stock’s fifty day moving average price is GBX 1.59 and its 200 day moving average price is GBX 2.11.

About GCM Resources

(Get Free Report)

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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