GCM Resources Plc (LON:GCM – Get Free Report)’s stock price dropped 8.5% during trading on Thursday . The company traded as low as GBX 4 ($0.05) and last traded at GBX 4.30 ($0.06). Approximately 4,854,185 shares were traded during trading, an increase of 100% from the average daily volume of 2,427,280 shares. The stock had previously closed at GBX 4.70 ($0.06).
GCM Resources Trading Down 24.2 %
The company has a market cap of £8.18 million, a P/E ratio of -3.82 and a beta of 0.73. The firm’s 50 day moving average is GBX 2.02 and its two-hundred day moving average is GBX 2.14. The company has a quick ratio of 0.11, a current ratio of 1.20 and a debt-to-equity ratio of 14.76.
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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