GCM Resources (LON:GCM) Trading Down 4.9% – What’s Next?

GCM Resources Plc (LON:GCMGet Free Report) fell 4.9% during mid-day trading on Tuesday . The stock traded as low as GBX 6.30 ($0.08) and last traded at GBX 6.42 ($0.09). 3,123,097 shares were traded during mid-day trading, an increase of 78% from the average session volume of 1,753,312 shares. The stock had previously closed at GBX 6.75 ($0.09).

GCM Resources Stock Performance

The company has a debt-to-equity ratio of 14.76, a quick ratio of 0.11 and a current ratio of 1.20. The stock has a 50 day moving average of GBX 6.07 and a 200 day moving average of GBX 4.44. The stock has a market capitalization of £20.19 million, a P/E ratio of -750.63 and a beta of 0.73.

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.

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