GCM Resources Plc (LON:GCM – Get Free Report)’s share price traded down 23.8% during mid-day trading on Friday . The company traded as low as GBX 2.70 ($0.03) and last traded at GBX 2.74 ($0.04). 51,193,258 shares were traded during mid-day trading, an increase of 1,464% from the average session volume of 3,272,387 shares. The stock had previously closed at GBX 3.60 ($0.05).
GCM Resources Price Performance
The company has a debt-to-equity ratio of 14.76, a current ratio of 1.20 and a quick ratio of 0.11. The firm has a market capitalization of £8.18 million, a P/E ratio of -3.82 and a beta of 0.73. The company’s 50 day moving average price is GBX 2.02 and its 200 day moving average price is GBX 2.14.
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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