GCM Resources Plc (LON:GCM – Get Free Report) shot up 42.9% during trading on Friday . The stock traded as high as GBX 4.40 ($0.06) and last traded at GBX 4 ($0.05). 11,307,676 shares were traded during mid-day trading, an increase of 481% from the average session volume of 1,944,845 shares. The stock had previously closed at GBX 2.80 ($0.04).
GCM Resources Stock Up 42.9 %
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 market capitalization of £11.98 million, a P/E ratio of -5.59 and a beta of 0.73. The company’s fifty day simple moving average is GBX 1.78 and its 200 day simple moving average is GBX 2.09.
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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