GCM Resources (LON:GCM) Stock Price Down 2.1% – Here’s What Happened

GCM Resources Plc (LON:GCMGet Free Report)’s share price fell 2.1% during trading on Tuesday . The stock traded as low as GBX 4.90 and last traded at GBX 5.35. 130,605 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 1,638,501 shares. The stock had previously closed at GBX 5.46.

GCM Resources Trading Down 2.1%

The firm has a market cap of £17.98 million, a price-to-earnings ratio of -6.69 and a beta of 0.73. 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 company has a 50 day moving average price of GBX 6.25 and a 200 day moving average price of GBX 4.86.

GCM Resources Company Profile

(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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