GCM Resources Plc (LON:GCM – Get Free Report)’s share price rose 17.7% on Monday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.37 ($0.04). Approximately 13,608,016 shares changed hands during trading, an increase of 715% from the average daily volume of 1,669,017 shares. The stock had previously closed at GBX 2.86 ($0.04).
GCM Resources Trading Up 14.7 %
The business has a 50 day simple moving average of GBX 1.63 and a 200-day simple moving average of GBX 2.08. The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The stock has a market capitalization of £9.82 million, a P/E ratio of -4.58 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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