GCM Resources Plc (LON:GCM – Get Free Report) shares fell 9.8% during mid-day trading on Friday . The stock traded as low as GBX 2.01 ($0.03) and last traded at GBX 2.03 ($0.03). 2,386,710 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 2,309,472 shares. The stock had previously closed at GBX 2.25 ($0.03).
GCM Resources Price Performance
The company has a 50 day moving average of GBX 2.78 and a 200-day moving average of GBX 2.11. The firm has a market capitalization of £6.38 million, a P/E ratio of -2.98 and a beta of 0.73. The company has a current ratio of 1.20, a quick ratio of 0.11 and a debt-to-equity ratio of 14.76.
GCM Resources (LON:GCM – Get Free Report) last released its earnings results on Monday, March 31st. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter.
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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