GCM Resources (LON:GCM) Shares Up 11.1% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report)’s share price rose 11.1% on Friday . The stock traded as high as GBX 3.20 ($0.04) and last traded at GBX 3.11 ($0.04). Approximately 1,914,888 shares traded hands during trading, an increase of 8% from the average daily volume of 1,780,059 shares. The stock had previously closed at GBX 2.80 ($0.04).

GCM Resources Stock Up 42.9 %

The stock has a market cap of £11.98 million, a PE ratio of -5.59 and a beta of 0.73. The business has a fifty day moving average of GBX 1.73 and a 200-day moving average of GBX 2.08. The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11.

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.

Read More

Receive News & Ratings for GCM Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCM Resources and related companies with MarketBeat.com's FREE daily email newsletter.